Advisors Management Group Inc. ADV Has $575,000 Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Advisors Management Group Inc. ADV raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 22.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,670 shares of the company’s stock after acquiring an additional 1,773 shares during the quarter. Advisors Management Group Inc. ADV’s holdings in JPMorgan Equity Premium Income ETF were worth $575,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Advisor Resource Council grew its position in shares of JPMorgan Equity Premium Income ETF by 77.7% during the 3rd quarter. Advisor Resource Council now owns 18,316 shares of the company’s stock worth $1,090,000 after buying an additional 8,007 shares during the period. LGT Financial Advisors LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 52.4% during the 3rd quarter. LGT Financial Advisors LLC now owns 15,787 shares of the company’s stock worth $939,000 after buying an additional 5,429 shares during the period. Concurrent Investment Advisors LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 27.8% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 72,431 shares of the company’s stock worth $4,310,000 after buying an additional 15,737 shares during the period. Maia Wealth LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 1.0% during the 3rd quarter. Maia Wealth LLC now owns 33,123 shares of the company’s stock worth $1,967,000 after buying an additional 336 shares during the period. Finally, Benchmark Financial Wealth Advisors LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 10.4% during the 3rd quarter. Benchmark Financial Wealth Advisors LLC now owns 18,557 shares of the company’s stock worth $1,104,000 after buying an additional 1,754 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $59.52 on Thursday. JPMorgan Equity Premium Income ETF has a one year low of $53.33 and a one year high of $59.97. The company has a 50 day moving average of $59.02 and a 200-day moving average of $57.52. The stock has a market cap of $34.93 billion, a price-to-earnings 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.