Beckerman Institutional LLC Buys New Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Beckerman Institutional LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the third quarter, Holdings Channel.com reports. The fund purchased 23,708 shares of the company’s stock, valued at approximately $1,411,000. JPMorgan Equity Premium Income ETF makes up approximately 1.2% of Beckerman Institutional LLC’s portfolio, making the stock its 23rd largest position.

A number of other institutional investors also recently made changes to their positions in the stock. Strategic Family Wealth Counselors L.L.C. raised its holdings in JPMorgan Equity Premium Income ETF by 16.8% during the third quarter. Strategic Family Wealth Counselors L.L.C. now owns 9,907 shares of the company’s stock worth $590,000 after purchasing an additional 1,424 shares in the last quarter. Heritage Wealth Management Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 9.6% during the 3rd quarter. Heritage Wealth Management Inc. now owns 19,014 shares of the company’s stock valued at $1,132,000 after purchasing an additional 1,673 shares during the period. Smith Thornton Advisors LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 4.2% in the 3rd quarter. Smith Thornton Advisors LLC now owns 4,956 shares of the company’s stock worth $295,000 after buying an additional 200 shares in the last quarter. TFB Advisors LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 3.7% in the third quarter. TFB Advisors LLC now owns 8,105 shares of the company’s stock valued at $482,000 after buying an additional 290 shares during the period. Finally, Trinity Legacy Partners LLC boosted its stake in JPMorgan Equity Premium Income ETF by 19.0% during the third quarter. Trinity Legacy Partners LLC now owns 239,401 shares of the company’s stock valued at $14,295,000 after buying an additional 38,274 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.6 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $60.01 on Friday. JPMorgan Equity Premium Income ETF has a 52 week low of $53.33 and a 52 week high of $60.10. The company’s 50-day moving average price is $59.06 and its two-hundred day moving average price is $57.56. The stock has a market cap of $35.22 billion, a PE ratio of 24.40 and a beta of 0.53.

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.