JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stock Position Increased by Halpern Financial Inc.

Halpern Financial Inc. raised its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 242,713 shares of the company’s stock after purchasing an additional 22,643 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 3.7% of Halpern Financial Inc.’s portfolio, making the stock its 8th largest position. Halpern Financial Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $14,366,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in JEPI. Global Assets Advisory LLC boosted its position in JPMorgan Equity Premium Income ETF by 5,858.1% during the first quarter. Global Assets Advisory LLC now owns 6,165,296 shares of the company’s stock worth $356,724,000 after purchasing an additional 6,061,819 shares in the last quarter. Cetera Investment Advisers boosted its position in JPMorgan Equity Premium Income ETF by 406.2% during the first quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock worth $239,292,000 after purchasing an additional 3,318,702 shares in the last quarter. Strategic Financial Concepts LLC boosted its position in JPMorgan Equity Premium Income ETF by 6,254.5% during the second quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock worth $595,000 after purchasing an additional 1,032,746 shares in the last quarter. JPMorgan Chase & Co. boosted its position in JPMorgan Equity Premium Income ETF by 3.8% during the first quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock worth $1,274,807,000 after purchasing an additional 815,598 shares in the last quarter. Finally, First Foundation Advisors boosted its position in JPMorgan Equity Premium Income ETF by 91.9% during the first quarter. First Foundation Advisors now owns 1,203,095 shares of the company’s stock worth $69,611,000 after purchasing an additional 576,068 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.4 %

Shares of JPMorgan Equity Premium Income ETF stock traded up $0.24 during mid-day trading on Friday, reaching $59.15. 2,177,139 shares of the stock traded hands, compared to its average volume of 3,184,878. The business has a 50-day moving average of $58.01 and a 200 day moving average of $57.13. JPMorgan Equity Premium Income ETF has a fifty-two week low of $51.38 and a fifty-two week high of $59.58. The stock has a market capitalization of $34.71 billion, a PE ratio of 24.40 and a beta of 0.53.

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.