Golden State Equity Partners Takes $727,000 Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Golden State Equity Partners purchased a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 13,324 shares of the company’s stock, valued at approximately $727,000.

Several other institutional investors have also made changes to their positions in JEPI. JPMorgan Chase & Co. lifted its holdings in JPMorgan Equity Premium Income ETF by 36.8% in the 1st quarter. JPMorgan Chase & Co. now owns 26,574,339 shares of the company’s stock worth $1,450,959,000 after purchasing an additional 7,144,154 shares during the last quarter. Bank of America Corp DE increased its position in shares of JPMorgan Equity Premium Income ETF by 20.0% during the first quarter. Bank of America Corp DE now owns 23,010,530 shares of the company’s stock valued at $1,256,375,000 after purchasing an additional 3,835,854 shares during the period. Morgan Stanley increased its position in shares of JPMorgan Equity Premium Income ETF by 27.5% during the fourth quarter. Morgan Stanley now owns 21,184,968 shares of the company’s stock valued at $1,154,369,000 after purchasing an additional 4,567,129 shares during the period. Moneta Group Investment Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at $460,136,000. Finally, Advisor Group Holdings Inc. grew its position in JPMorgan Equity Premium Income ETF by 53.1% in the fourth quarter. Advisor Group Holdings Inc. now owns 4,144,690 shares of the company’s stock valued at $225,880,000 after acquiring an additional 1,438,196 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock traded up $0.14 on Wednesday, reaching $55.32. The company’s stock had a trading volume of 1,722,320 shares, compared to its average volume of 4,578,409. The company has a market cap of $28.65 billion, a price-to-earnings ratio of 21.55 and a beta of 0.62. The business’s fifty day moving average price is $55.26 and its 200 day moving average price is $54.61. JPMorgan Equity Premium Income ETF has a twelve month low of $49.92 and a twelve month high of $56.92.

About JPMorgan Equity Premium Income ETF

The JPMorgan Equity Premium Income ETF (JEPI) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed fund that invests in large-cap US stocks and equity-linked notes (ELNs). It seeks to provide similar returns as the S&P 500 Index with lower volatility and monthly income.