JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stake Boosted by Kennedy Investment Group

Kennedy Investment Group grew its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 101,235 shares of the company’s stock after buying an additional 3,550 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 2.6% of Kennedy Investment Group’s investment portfolio, making the stock its 8th largest holding. Kennedy Investment Group’s holdings in JPMorgan Equity Premium Income ETF were worth $5,824,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Heritage Wealth Management Inc. acquired a new position in JPMorgan Equity Premium Income ETF in the second quarter worth $978,000. Citigroup Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 51.8% in the third quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock valued at $8,797,000 after buying an additional 50,459 shares during the period. Summit Wealth Partners LLC lifted its stake in JPMorgan Equity Premium Income ETF by 1.3% in the second quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock valued at $4,360,000 after buying an additional 957 shares during the period. Newbridge Financial Services Group Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 106.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 57,886 shares of the company’s stock worth $3,281,000 after acquiring an additional 29,879 shares in the last quarter. Finally, Brown Financial Advisors bought a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter worth about $3,263,000.

JPMorgan Equity Premium Income ETF Stock Down 0.5 %

JEPI stock opened at $58.98 on Wednesday. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month high of $60.88. The company has a market cap of $34.61 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The business has a 50 day moving average price of $58.91 and a two-hundred day moving average price of $58.57.

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.