JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,032,620 shares of the company’s stock after acquiring an additional 815,598 shares during the period. JPMorgan Chase & Co. owned about 3.75% of JPMorgan Equity Premium Income ETF worth $1,274,807,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Larson Financial Group LLC raised its position in JPMorgan Equity Premium Income ETF by 129.8% in the 1st quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after purchasing an additional 314 shares in the last quarter. Burkett Financial Services LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $35,000. Capital Advisors Ltd. LLC lifted its stake in JPMorgan Equity Premium Income ETF by 79.3% in the fourth quarter. Capital Advisors Ltd. LLC now owns 658 shares of the company’s stock worth $36,000 after acquiring an additional 291 shares during the last quarter. Morris Financial Concepts Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 114.1% during the 1st quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock worth $36,000 after acquiring an additional 331 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 105.2% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 716 shares of the company’s stock valued at $41,000 after purchasing an additional 367 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI traded down $0.29 during trading on Friday, reaching $56.77. 2,599,357 shares of the company’s stock were exchanged, compared to its average volume of 3,248,367. The company has a 50 day moving average price of $56.66 and a two-hundred day moving average price of $56.47. The stock has a market cap of $33.31 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1 year low of $51.38 and a 1 year high of $57.94.

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.