McAdam LLC Acquires 373 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

McAdam LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,393 shares of the company’s stock after acquiring an additional 373 shares during the period. McAdam LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $425,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. JPMorgan Chase & Co. increased its holdings in JPMorgan Equity Premium Income ETF by 18.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after purchasing an additional 3,536,406 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in JPMorgan Equity Premium Income ETF by 8.4% during the third quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock worth $218,105,000 after buying an additional 285,180 shares in the last quarter. HighTower Advisors LLC raised its position in JPMorgan Equity Premium Income ETF by 2.4% in the 3rd quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock valued at $212,643,000 after buying an additional 83,858 shares during the last quarter. MML Investors Services LLC lifted its stake in JPMorgan Equity Premium Income ETF by 16.9% during the 3rd quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock valued at $155,331,000 after acquiring an additional 376,400 shares in the last quarter. Finally, Stifel Financial Corp boosted its holdings in JPMorgan Equity Premium Income ETF by 7.0% during the 3rd quarter. Stifel Financial Corp now owns 2,088,400 shares of the company’s stock worth $124,281,000 after acquiring an additional 136,138 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock opened at $58.97 on Monday. The firm has a 50-day moving average of $58.86 and a 200-day moving average of $58.61. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88. The company has a market cap of $34.61 billion, a P/E ratio of 24.40 and a beta of 0.53.

JPMorgan Equity Premium Income ETF 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.