Advisors Management Group Inc. ADV Purchases 1,773 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Advisors Management Group Inc. ADV raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 22.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,670 shares of the company’s stock after buying an additional 1,773 shares during the quarter. Advisors Management Group Inc. ADV’s holdings in JPMorgan Equity Premium Income ETF were worth $575,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Mattern Wealth Management LLC lifted its stake in JPMorgan Equity Premium Income ETF by 2.2% in the third quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock valued at $480,000 after buying an additional 174 shares in the last quarter. Empirical Asset Management LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 4.0% in the third quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock worth $278,000 after purchasing an additional 179 shares in the last quarter. FSC Wealth Advisors LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 2.9% in the second quarter. FSC Wealth Advisors LLC now owns 6,774 shares of the company’s stock worth $384,000 after purchasing an additional 188 shares in the last quarter. Hixon Zuercher LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 3.7% in the second quarter. Hixon Zuercher LLC now owns 5,336 shares of the company’s stock worth $302,000 after purchasing an additional 190 shares in the last quarter. Finally, Hudock Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 4.5% in the third quarter. Hudock Inc. now owns 4,608 shares of the company’s stock worth $274,000 after purchasing an additional 199 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 1.1 %

Shares of JEPI stock opened at $59.52 on Thursday. The company’s fifty day simple moving average is $59.02 and its 200-day simple moving average is $57.52. The firm has a market cap of $34.93 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12 month low of $53.33 and a 12 month high of $59.97.

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.