Diversified Portfolios Inc. Raises Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Diversified Portfolios Inc. boosted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.9% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 13,858 shares of the company’s stock after purchasing an additional 388 shares during the period. Diversified Portfolios Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $797,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of JEPI. AQR Capital Management LLC acquired a new position in JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $295,000. Alpha Financial Partners LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 45.5% in the 3rd quarter. Alpha Financial Partners LLC now owns 59,653 shares of the company’s stock valued at $3,550,000 after purchasing an additional 18,662 shares during the period. Valeo Financial Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the third quarter worth $229,000. Empirical Asset Management LLC grew its position in JPMorgan Equity Premium Income ETF by 4.0% during the third quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock valued at $278,000 after buying an additional 179 shares during the period. Finally, Creative Planning increased its holdings in JPMorgan Equity Premium Income ETF by 44.6% in the third quarter. Creative Planning now owns 139,002 shares of the company’s stock valued at $8,272,000 after buying an additional 42,854 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.2 %

JEPI stock opened at $59.20 on Wednesday. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88. The firm has a market cap of $34.74 billion, a P/E ratio of 24.40 and a beta of 0.53. The company’s 50-day simple moving average is $58.63 and its 200-day simple moving average is $58.71.

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.