Fiduciary Family Office LLC Purchases 46,650 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Fiduciary Family Office LLC lifted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 179.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 72,655 shares of the company’s stock after buying an additional 46,650 shares during the quarter. JPMorgan Equity Premium Income ETF makes up 1.4% of Fiduciary Family Office LLC’s investment portfolio, making the stock its 5th largest holding. Fiduciary Family Office LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,324,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Cetera Investment Advisers increased its position in shares of 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 acquiring an additional 3,318,702 shares during the period. Strategic Financial Concepts LLC grew its position in shares of 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 buying an additional 1,032,746 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of 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 buying an additional 815,598 shares during the period. First Foundation Advisors raised its holdings in JPMorgan Equity Premium Income ETF by 91.9% in the first quarter. First Foundation Advisors now owns 1,203,095 shares of the company’s stock valued at $69,611,000 after acquiring an additional 576,068 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF in the second quarter worth approximately $31,505,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI traded up $0.28 during trading hours on Tuesday, reaching $58.71. The stock had a trading volume of 1,067,619 shares, compared to its average volume of 3,117,582. The stock has a market capitalization of $34.45 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The firm’s 50 day moving average is $58.98 and its 200-day moving average is $57.46. JPMorgan Equity Premium Income ETF has a 1 year low of $53.33 and a 1 year 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.