Benjamin F. Edwards & Company Inc. Raises Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Benjamin F. Edwards & Company Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 14.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 41,666 shares of the company’s stock after purchasing an additional 5,300 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $2,362,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Asset Allocation Strategies LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 3.6% during the fourth quarter. Asset Allocation Strategies LLC now owns 7,245 shares of the company’s stock valued at $398,000 after purchasing an additional 253 shares during the period. Global Trust Asset Management LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 146.8% in the first quarter. Global Trust Asset Management LLC now owns 1,513 shares of the company’s stock valued at $88,000 after acquiring an additional 900 shares in the last quarter. Mosley Wealth Management bought a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $578,000. Optimum Investment Advisors raised its holdings in shares of JPMorgan Equity Premium Income ETF by 331.3% in the first quarter. Optimum Investment Advisors now owns 1,294 shares of the company’s stock valued at $75,000 after acquiring an additional 994 shares in the last quarter. Finally, Napa Wealth Management bought a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $1,254,000.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $59.15 on Friday. The business has a 50-day moving average price of $57.54 and a 200 day moving average price of $56.99. The company has a market capitalization of $34.71 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1-year low of $51.38 and a 1-year high of $59.29.

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.