Stephens Inc. AR Increases Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Stephens Inc. AR lifted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 507,647 shares of the company’s stock after acquiring an additional 23,462 shares during the period. Stephens Inc. AR’s holdings in JPMorgan Equity Premium Income ETF were worth $30,210,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of JEPI. Diversify Advisory Services LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the first quarter worth approximately $1,365,000. Sequoia Financial Advisors LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 100.1% during the first quarter. Sequoia Financial Advisors LLC now owns 11,456 shares of the company’s stock worth $663,000 after acquiring an additional 5,731 shares during the last quarter. Mission Wealth Management LP grew its position in shares of JPMorgan Equity Premium Income ETF by 4.3% during the first quarter. Mission Wealth Management LP now owns 30,646 shares of the company’s stock worth $1,773,000 after acquiring an additional 1,271 shares during the last quarter. Concourse Financial Group Securities Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 1.6% during the first quarter. Concourse Financial Group Securities Inc. now owns 31,793 shares of the company’s stock worth $1,840,000 after acquiring an additional 498 shares during the last quarter. Finally, Blue Trust Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 392.1% during the first quarter. Blue Trust Inc. now owns 13,701 shares of the company’s stock worth $793,000 after acquiring an additional 10,917 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $58.68 on Friday. The stock has a fifty day moving average price of $58.97 and a 200 day moving average price of $57.42. JPMorgan Equity Premium Income ETF has a 1-year low of $52.13 and a 1-year high of $59.97. The company has a market cap of $34.44 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.