Heritage Wealth Management Inc. Buys 1,673 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Heritage Wealth Management Inc. increased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,014 shares of the company’s stock after buying an additional 1,673 shares during the period. Heritage Wealth Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,132,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JEPI. Smith Thornton Advisors LLC grew 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 increased its stake in JPMorgan Equity Premium Income ETF by 3.7% during the third quarter. TFB Advisors LLC now owns 8,105 shares of the company’s stock worth $482,000 after acquiring an additional 290 shares during the last quarter. Trinity Legacy Partners LLC raised its position 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 purchasing an additional 38,274 shares during the period. Channel Wealth LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 0.7% in the 3rd quarter. Channel Wealth LLC now owns 104,238 shares of the company’s stock worth $6,203,000 after purchasing an additional 684 shares during the period. Finally, Mainstream Capital Management LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at approximately $2,235,000.

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock traded up $0.22 during mid-day trading on Friday, hitting $59.89. The company’s stock had a trading volume of 358,616 shares, compared to its average volume of 3,129,917. JPMorgan Equity Premium Income ETF has a one year low of $53.33 and a one year high of $59.97. The stock has a market cap of $35.15 billion, a PE ratio of 24.40 and a beta of 0.53. The company has a 50 day moving average of $59.04 and a 200-day moving average of $57.53.

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.