Grandview Asset Management LLC Purchases 1,858 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Grandview Asset Management LLC boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 29.6% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 8,130 shares of the company’s stock after purchasing an additional 1,858 shares during the period. Grandview Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $484,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. HHM Wealth Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $28,000. Larson Financial Group LLC boosted its stake in JPMorgan Equity Premium Income ETF by 129.8% in 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 last quarter. Burkett Financial Services LLC purchased a new position in JPMorgan Equity Premium Income ETF in the first quarter valued at about $35,000. Morris Financial Concepts Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 114.1% in the first quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock valued at $36,000 after acquiring an additional 331 shares during the last quarter. Finally, Beaird Harris Wealth Management LLC purchased a new position in JPMorgan Equity Premium Income ETF in the first quarter valued at about $38,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI traded up $0.24 during midday trading on Friday, reaching $59.15. The company had a trading volume of 2,177,139 shares, compared to its average volume of 3,184,878. The stock has a market cap of $34.71 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12-month low of $51.38 and a 12-month high of $59.58. The business has a 50-day moving average price of $58.01 and a two-hundred day moving average price of $57.13.

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.