Ehrlich Financial Group Has $3.31 Million Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Ehrlich Financial Group decreased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPIFree Report) by 3.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 57,513 shares of the company’s stock after selling 2,140 shares during the period. JPMorgan Equity Premium Income ETF accounts for about 2.4% of Ehrlich Financial Group’s portfolio, making the stock its 12th biggest position. Ehrlich Financial Group’s holdings in JPMorgan Equity Premium Income ETF were worth $3,309,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Salomon & Ludwin LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter worth $25,000. Running Point Capital Advisors LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 131.2% in the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after purchasing an additional 362 shares during the last quarter. Brown Lisle Cummings Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 48.0% during the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after purchasing an additional 255 shares during the period. Pathway Financial Advisers LLC bought a new stake in JPMorgan Equity Premium Income ETF in the third quarter valued at about $49,000. Finally, Abound Wealth Management lifted its stake in JPMorgan Equity Premium Income ETF by 1,320.8% in the fourth quarter. Abound Wealth Management now owns 1,094 shares of the company’s stock valued at $63,000 after buying an additional 1,017 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock traded up $0.21 during trading on Monday, hitting $57.27. 3,218,008 shares of the company were exchanged, compared to its average volume of 4,062,620. The firm has a market capitalization of $33.61 billion, a P/E ratio of 24.40 and a beta of 0.53. The firm’s fifty day moving average price is $59.16 and its 200 day moving average price is $58.38. JPMorgan Equity Premium Income ETF has a 1-year low of $54.72 and a 1-year high of $60.88.

JPMorgan Equity Premium Income ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding JEPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Equity Premium Income ETF (NYSEARCA:JEPIFree Report).

Institutional Ownership by Quarter for JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

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