Ausdal Financial Partners Inc. Raises Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Ausdal Financial Partners Inc. boosted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,888 shares of the company’s stock after purchasing an additional 2,638 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,694,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of JEPI. Larson Financial Group LLC increased its holdings in JPMorgan Equity Premium Income ETF by 129.8% during the 1st quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock worth $32,000 after purchasing an additional 314 shares during the period. Burkett Financial Services LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at about $35,000. Morris Financial Concepts Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 114.1% in the 1st quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock valued at $36,000 after acquiring an additional 331 shares during the last quarter. Beaird Harris Wealth Management LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at about $38,000. Finally, Whittier Trust Co. of Nevada Inc. increased its holdings 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 acquiring an additional 367 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI traded down $0.40 during mid-day trading on Friday, reaching $57.53. The company’s stock had a trading volume of 3,309,433 shares, compared to its average volume of 3,230,208. JPMorgan Equity Premium Income ETF has a 12-month low of $51.38 and a 12-month high of $58.85. The stock has a market cap of $33.76 billion, a PE ratio of 24.40 and a beta of 0.53. The company’s 50 day moving average is $57.06 and its 200 day moving average is $56.86.

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.