PFG Advisors Has $14.43 Million Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

PFG Advisors grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 250,747 shares of the company’s stock after buying an additional 15,732 shares during the quarter. JPMorgan Equity Premium Income ETF makes up 0.9% of PFG Advisors’ holdings, making the stock its 15th biggest holding. PFG Advisors’ holdings in JPMorgan Equity Premium Income ETF were worth $14,425,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. HighTower Advisors LLC grew its position in JPMorgan Equity Premium Income ETF by 3.0% during the 4th quarter. HighTower Advisors LLC now owns 3,682,072 shares of the company’s stock worth $211,830,000 after acquiring an additional 108,546 shares during the last quarter. New England Private Wealth Advisors LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 2.4% during the fourth quarter. New England Private Wealth Advisors LLC now owns 145,266 shares of the company’s stock valued at $8,357,000 after purchasing an additional 3,369 shares in the last quarter. Glaxis Capital Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth about $1,726,000. Prosperity Financial Group Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF by 2.9% in the fourth quarter. Prosperity Financial Group Inc. now owns 44,386 shares of the company’s stock valued at $2,554,000 after buying an additional 1,234 shares during the period. Finally, Endowment Wealth Management Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 6.1% in the 4th quarter. Endowment Wealth Management Inc. now owns 6,159 shares of the company’s stock valued at $354,000 after buying an additional 356 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $56.75 on Wednesday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The company’s 50 day moving average price is $58.57 and its two-hundred day moving average price is $58.97. The firm has a market capitalization of $37.94 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.