JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Position Increased by Childress Capital Advisors LLC

Childress Capital Advisors LLC raised its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 327,195 shares of the company’s stock after purchasing an additional 3,338 shares during the quarter. JPMorgan Equity Premium Income ETF comprises 5.3% of Childress Capital Advisors LLC’s holdings, making the stock its 4th biggest position. Childress Capital Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $18,545,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Larson Financial Group LLC boosted its position in JPMorgan Equity Premium Income ETF by 129.8% in the first quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after buying an additional 314 shares during the last quarter. Burkett Financial Services LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the first quarter worth $35,000. Morris Financial Concepts Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 114.1% during the first quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock worth $36,000 after purchasing an additional 331 shares during the last quarter. Beaird Harris Wealth Management LLC acquired a new position in JPMorgan Equity Premium Income ETF during the first quarter valued at $38,000. Finally, Whittier Trust Co. of Nevada Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 105.2% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 716 shares of the company’s stock valued at $41,000 after purchasing an additional 367 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $57.89 on Friday. The company has a market capitalization of $33.97 billion, a P/E ratio of 24.40 and a beta of 0.53. The business’s 50-day moving average is $57.04 and its two-hundred day moving average is $56.84. JPMorgan Equity Premium Income ETF has a fifty-two week low of $51.38 and a fifty-two week high of $58.85.

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.