JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Acquired by Advisor Resource Council

Advisor Resource Council grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 77.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 18,316 shares of the company’s stock after purchasing an additional 8,007 shares during the period. Advisor Resource Council’s holdings in JPMorgan Equity Premium Income ETF were worth $1,090,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JEPI. Cetera Investment Advisers raised its stake in shares of JPMorgan Equity Premium Income ETF by 406.2% in the 1st quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock valued at $239,292,000 after acquiring an additional 3,318,702 shares during the period. Strategic Financial Concepts LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 6,254.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock worth $595,000 after buying an additional 1,032,746 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in JPMorgan Equity Premium Income ETF by 3.8% during the first quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock valued at $1,274,807,000 after purchasing an additional 815,598 shares during the last quarter. First Foundation Advisors lifted its position in shares of JPMorgan Equity Premium Income ETF by 91.9% during the 1st quarter. First Foundation Advisors now owns 1,203,095 shares of the company’s stock valued at $69,611,000 after acquiring an additional 576,068 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $31,505,000.

JPMorgan Equity Premium Income ETF Stock Up 1.1 %

Shares of NYSEARCA:JEPI opened at $59.52 on Thursday. The company’s fifty day moving average is $58.99 and its two-hundred day moving average is $57.51. The company has a market cap of $34.93 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12-month low of $53.33 and a 12-month high of $59.97.

JPMorgan Equity Premium Income ETF 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.