PFG Advisors Raises Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

PFG Advisors increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 235,015 shares of the company’s stock after purchasing an additional 8,400 shares during the quarter. JPMorgan Equity Premium Income ETF makes up approximately 0.9% of PFG Advisors’ holdings, making the stock its 17th largest holding. PFG Advisors’ holdings in JPMorgan Equity Premium Income ETF were worth $13,986,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in JEPI. HHM Wealth Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth $28,000. Larson Financial Group LLC boosted its stake in JPMorgan Equity Premium Income ETF by 129.8% in the 1st quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock worth $32,000 after buying an additional 314 shares during the last quarter. Morris Financial Concepts Inc. grew its holdings in 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 valued at $36,000 after buying an additional 331 shares during the period. Beaird Harris Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 1st quarter valued at about $38,000. Finally, Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 105.2% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 716 shares of the company’s stock worth $41,000 after acquiring an additional 367 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $59.57 on Wednesday. JPMorgan Equity Premium Income ETF has a 1 year low of $51.38 and a 1 year high of $59.84. The company’s 50 day simple moving average is $58.40 and its 200 day simple moving average is $57.21. The stock has a market capitalization of $34.96 billion, a PE ratio of 24.40 and a beta of 0.53.

JPMorgan Equity Premium Income ETF Company 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.