JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Acquired by Smith Thornton Advisors LLC

Smith Thornton Advisors LLC boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.2% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,956 shares of the company’s stock after purchasing an additional 200 shares during the quarter. Smith Thornton Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $295,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in JEPI. Cetera Investment Advisers grew its position 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 buying an additional 3,318,702 shares during the last quarter. Strategic Financial Concepts LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 6,254.5% during the second quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock worth $595,000 after purchasing an additional 1,032,746 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 3.8% in the 1st 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 holdings in shares of JPMorgan Equity Premium Income ETF by 91.9% in the 1st quarter. First Foundation Advisors now owns 1,203,095 shares of the company’s stock valued at $69,611,000 after purchasing an additional 576,068 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $31,505,000.

JPMorgan Equity Premium Income ETF Stock Up 0.1 %

NYSEARCA:JEPI opened at $59.67 on Friday. JPMorgan Equity Premium Income ETF has a 52-week low of $53.33 and a 52-week high of $59.97. The company has a market capitalization of $35.01 billion, a PE ratio of 24.40 and a beta of 0.53. The stock’s 50 day moving average price is $59.04 and its 200 day moving average price is $57.53.

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.