Avantax Advisory Services Inc. Boosts Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Avantax Advisory Services Inc. increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 14.0% during the 4th quarter, HoldingsChannel reports. The firm owned 983,014 shares of the company’s stock after buying an additional 120,707 shares during the period. Avantax Advisory Services Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $56,553,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Consolidated Planning Corp boosted its stake in JPMorgan Equity Premium Income ETF by 0.5% during the fourth quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock worth $1,931,000 after buying an additional 179 shares during the period. Landmark Wealth Management LLC boosted its stake in JPMorgan Equity Premium Income ETF by 5.1% during the fourth quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock worth $221,000 after buying an additional 185 shares during the period. Aviance Capital Partners LLC boosted its stake in JPMorgan Equity Premium Income ETF by 1.1% during the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock worth $1,030,000 after buying an additional 194 shares during the period. Fortis Advisors LLC boosted its stake in JPMorgan Equity Premium Income ETF by 2.0% during the fourth quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock worth $578,000 after buying an additional 196 shares during the period. Finally, Beam Wealth Advisors Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 0.4% during the fourth quarter. Beam Wealth Advisors Inc. now owns 51,249 shares of the company’s stock worth $2,948,000 after buying an additional 196 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 1.1 %

NYSEARCA JEPI opened at $56.75 on Wednesday. The company has a fifty day moving average of $58.57 and a two-hundred day moving average of $58.97. The firm has a market capitalization of $37.94 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61. 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.