Sterling Investment Advisors Ltd. Has $5.41 Million Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Sterling Investment Advisors Ltd. increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 11.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 90,935 shares of the company’s stock after purchasing an additional 9,179 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 1.4% of Sterling Investment Advisors Ltd.’s investment portfolio, making the stock its 21st biggest holding. Sterling Investment Advisors Ltd.’s holdings in JPMorgan Equity Premium Income ETF were worth $5,412,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in JEPI. JPMorgan Chase & Co. grew its stake in shares of JPMorgan Equity Premium Income ETF by 3.8% in the first quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock valued at $1,274,807,000 after buying an additional 815,598 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 8.2% in the second quarter. Envestnet Asset Management Inc. now owns 7,104,167 shares of the company’s stock valued at $402,664,000 after acquiring an additional 539,682 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of JPMorgan Equity Premium Income ETF by 1.3% during the 2nd quarter. Cetera Investment Advisers now owns 4,188,012 shares of the company’s stock worth $237,377,000 after acquiring an additional 52,301 shares during the period. Commonwealth Equity Services LLC raised its stake in JPMorgan Equity Premium Income ETF by 8.4% in the 3rd quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock valued at $218,105,000 after acquiring an additional 285,180 shares during the period. Finally, RiverFront Investment Group LLC boosted its position in JPMorgan Equity Premium Income ETF by 5.9% during the second quarter. RiverFront Investment Group LLC now owns 3,005,845 shares of the company’s stock worth $170,371,000 after purchasing an additional 166,821 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.3 %

Shares of JEPI traded down $0.16 during trading hours on Friday, hitting $59.23. The company had a trading volume of 2,625,692 shares, compared to its average volume of 3,129,870. The firm has a market cap of $34.76 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The business has a fifty day moving average of $58.87 and a 200-day moving average of $57.35. JPMorgan Equity Premium Income ETF has a 12 month low of $51.38 and a 12 month high of $59.97.

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.