Advisor OS LLC Has $6.83 Million Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Advisor OS LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 17.9% in the fourth quarter, Holdings Channel reports. The firm owned 118,728 shares of the company’s stock after purchasing an additional 18,019 shares during the quarter. JPMorgan Equity Premium Income ETF comprises about 0.8% of Advisor OS LLC’s portfolio, making the stock its 23rd biggest holding. Advisor OS LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,830,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. JPMorgan Chase & Co. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 18.8% during the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after buying an additional 3,536,406 shares in the last quarter. HighTower Advisors LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 2.4% in the third 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 period. MML Investors Services LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 16.9% during the third quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock worth $155,331,000 after purchasing an additional 376,400 shares during the period. Stifel Financial Corp raised its position in shares of JPMorgan Equity Premium Income ETF by 7.0% in the 3rd quarter. Stifel Financial Corp now owns 2,088,400 shares of the company’s stock valued at $124,281,000 after acquiring an additional 136,138 shares during the period. Finally, LPL Financial LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 28.0% during the third quarter. LPL Financial LLC now owns 1,900,243 shares of the company’s stock worth $113,083,000 after purchasing an additional 416,013 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.2 %

NYSEARCA:JEPI opened at $59.24 on Wednesday. The stock has a 50-day moving average price of $58.57 and a two-hundred day moving average price of $58.92. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88. The stock has a market cap of $39.60 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61.

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.