Richard P Slaughter Associates Inc Boosts Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Richard P Slaughter Associates Inc lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.8% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 530,072 shares of the company’s stock after buying an additional 4,438 shares during the period. JPMorgan Equity Premium Income ETF makes up about 8.4% of Richard P Slaughter Associates Inc’s portfolio, making the stock its 2nd biggest holding. Richard P Slaughter Associates Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $29,329,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Family Management Corp bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 1st quarter worth about $25,000. Salem Investment Counselors Inc. bought a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth about $27,000. Patriot Investment Management Group Inc. bought a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth about $27,000. WealthShield Partners LLC bought a new position in JPMorgan Equity Premium Income ETF in the 1st quarter worth about $29,000. Finally, Woodard & Co. Asset Management Group Inc. ADV bought a new position in JPMorgan Equity Premium Income ETF in the 1st quarter worth about $31,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock opened at $55.59 on Friday. The company’s 50-day simple moving average is $55.29 and its two-hundred day simple moving average is $54.63. JPMorgan Equity Premium Income ETF has a one year low of $49.92 and a one year high of $56.92. The company has a market capitalization of $28.79 billion, a P/E ratio of 21.55 and a beta of 0.62.

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.