Sfmg LLC Acquires 7,199 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Sfmg LLC increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.5% during the second quarter, HoldingsChannel reports. The fund owned 214,779 shares of the company’s stock after acquiring an additional 7,199 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 1.1% of Sfmg LLC’s portfolio, making the stock its 17th biggest holding. Sfmg LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $12,174,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. HHM Wealth Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth about $28,000. Larson Financial Group LLC increased its stake in JPMorgan Equity Premium Income ETF by 129.8% during the first quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after acquiring an additional 314 shares during the period. Burkett Financial Services LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 1st quarter valued at approximately $35,000. Morris Financial Concepts Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 114.1% in the 1st quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock worth $36,000 after acquiring an additional 331 shares during the period. Finally, Beaird Harris Wealth Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 1st quarter worth approximately $38,000.

JPMorgan Equity Premium Income ETF Trading Down 0.1 %

JEPI opened at $59.25 on Wednesday. The stock’s 50 day simple moving average is $57.63 and its 200-day simple moving average is $57.02. The stock has a market cap of $34.77 billion, a PE 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 $59.38.

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.