JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Bought by High Net Worth Advisory Group LLC

High Net Worth Advisory Group LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 13.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 108,049 shares of the company’s stock after acquiring an additional 12,764 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 2.3% of High Net Worth Advisory Group LLC’s portfolio, making the stock its 7th biggest holding. High Net Worth Advisory Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,979,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Moneta Group Investment Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $460,136,000. JPMorgan Chase & Co. increased its stake in shares of JPMorgan Equity Premium Income ETF by 36.8% during the first 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 period. Bank of America Corp DE lifted its holdings in JPMorgan Equity Premium Income ETF by 34.2% during the 4th quarter. Bank of America Corp DE now owns 19,174,676 shares of the company’s stock worth $1,044,828,000 after purchasing an additional 4,884,910 shares during the last quarter. Morgan Stanley boosted its stake in JPMorgan Equity Premium Income ETF by 27.5% in the 4th 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. Finally, First Republic Investment Management Inc. acquired a new position in JPMorgan Equity Premium Income ETF in the 1st quarter valued at $181,377,000.

JPMorgan Equity Premium Income ETF Stock Down 0.5 %

Shares of JEPI traded down $0.28 during midday trading on Friday, reaching $55.31. 1,217,741 shares of the stock were exchanged, compared to its average volume of 4,556,426. The stock’s 50 day simple moving average is $55.29 and its 200 day simple moving average is $54.63. The company has a market cap of $28.65 billion, a P/E ratio of 21.55 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a twelve month low of $49.92 and a twelve month high of $56.92.

JPMorgan Equity Premium Income ETF Company Profile

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.