Horizon Advisory Services Inc. Has $26.77 Million Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Horizon Advisory Services Inc. increased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 472,229 shares of the company’s stock after acquiring an additional 2,158 shares during the quarter. JPMorgan Equity Premium Income ETF comprises 12.8% of Horizon Advisory Services Inc.’s holdings, making the stock its biggest position. Horizon Advisory Services Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $26,766,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of JEPI. Asset Allocation Strategies LLC increased its stake in JPMorgan Equity Premium Income ETF by 3.6% during the 4th 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 in the last quarter. Global Trust Asset Management LLC increased its stake in JPMorgan Equity Premium Income ETF by 146.8% during the 1st quarter. Global Trust Asset Management LLC now owns 1,513 shares of the company’s stock valued at $88,000 after purchasing an additional 900 shares in the last quarter. Mosley Wealth Management acquired a new position in JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $578,000. Optimum Investment Advisors increased its stake in JPMorgan Equity Premium Income ETF by 331.3% during the 1st quarter. Optimum Investment Advisors now owns 1,294 shares of the company’s stock valued at $75,000 after purchasing an additional 994 shares in the last quarter. Finally, Napa Wealth Management acquired a new position in JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $1,254,000.

JPMorgan Equity Premium Income ETF Trading Up 0.2 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $59.41 on Friday. JPMorgan Equity Premium Income ETF has a 12-month low of $51.38 and a 12-month high of $59.58. The firm has a market capitalization of $34.86 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The firm’s 50 day simple moving average is $57.77 and its two-hundred day simple moving average is $57.07.

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.