PFG Advisors Raises Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

PFG Advisors raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.7% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 235,015 shares of the company’s stock after purchasing an additional 8,400 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 0.9% of PFG Advisors’ portfolio, making the stock its 17th biggest holding. PFG Advisors’ holdings in JPMorgan Equity Premium Income ETF were worth $13,986,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Chicago Partners Investment Group LLC purchased a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $215,000. SageView Advisory Group LLC boosted its stake in JPMorgan Equity Premium Income ETF by 30.2% during the fourth quarter. SageView Advisory Group LLC now owns 16,136 shares of the company’s stock worth $908,000 after buying an additional 3,745 shares during the last quarter. Destiny Wealth Partners LLC grew its holdings in JPMorgan Equity Premium Income ETF by 5.1% in the 1st quarter. Destiny Wealth Partners LLC now owns 104,154 shares of the company’s stock valued at $6,026,000 after buying an additional 5,047 shares in the last quarter. Halpern Financial Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF by 142.4% in the 1st quarter. Halpern Financial Inc. now owns 2,320 shares of the company’s stock worth $132,000 after acquiring an additional 1,363 shares during the last quarter. Finally, MADDEN SECURITIES Corp raised its holdings in shares of JPMorgan Equity Premium Income ETF by 2.5% during the 1st quarter. MADDEN SECURITIES Corp now owns 269,489 shares of the company’s stock worth $15,593,000 after acquiring an additional 6,452 shares during the period.

JPMorgan Equity Premium Income ETF Trading Down 0.2 %

Shares of JEPI stock opened at $59.57 on Wednesday. JPMorgan Equity Premium Income ETF has a twelve month low of $51.38 and a twelve month high of $59.84. The stock has a market cap of $34.96 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The company’s 50-day moving average price is $58.40 and its 200-day moving average price is $57.21.

JPMorgan Equity Premium Income ETF 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.