JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) is Advisory Resource Group’s 10th Largest Position

Advisory Resource Group cut its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 17.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 159,566 shares of the company’s stock after selling 33,127 shares during the period. JPMorgan Equity Premium Income ETF accounts for 1.9% of Advisory Resource Group’s holdings, making the stock its 10th largest position. Advisory Resource Group’s holdings in JPMorgan Equity Premium Income ETF were worth $9,180,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in JEPI. JPMorgan Chase & Co. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 18.8% during the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after buying an additional 3,536,406 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in JPMorgan Equity Premium Income ETF by 8.4% in the 3rd quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock valued at $218,105,000 after acquiring an additional 285,180 shares during the last quarter. HighTower Advisors LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.4% during the 3rd quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock worth $212,643,000 after purchasing an additional 83,858 shares during the last quarter. MML Investors Services LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 16.9% in the third quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock valued at $155,331,000 after purchasing an additional 376,400 shares during the last quarter. Finally, Stifel Financial Corp lifted its position in JPMorgan Equity Premium Income ETF by 7.0% during the third quarter. Stifel Financial Corp now owns 2,088,400 shares of the company’s stock worth $124,281,000 after buying an additional 136,138 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.4 %

Shares of NYSEARCA:JEPI opened at $58.79 on Friday. The business has a fifty day moving average of $58.68 and a two-hundred day moving average of $58.66. The stock has a market cap of $34.50 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88.

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.