Cahill Financial Advisors Inc. Acquires 25,579 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Cahill Financial Advisors Inc. lifted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 51.3% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 75,486 shares of the company’s stock after purchasing an additional 25,579 shares during the period. Cahill Financial Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $4,279,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. JPMorgan Chase & Co. grew its position in shares of JPMorgan Equity Premium Income ETF by 3.8% during the 1st quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock worth $1,274,807,000 after buying an additional 815,598 shares during the period. Global Assets Advisory LLC grew its holdings in JPMorgan Equity Premium Income ETF by 5,858.1% during the first quarter. Global Assets Advisory LLC now owns 6,165,296 shares of the company’s stock valued at $356,724,000 after purchasing an additional 6,061,819 shares during the period. Envestnet Asset Management Inc. increased its stake in JPMorgan Equity Premium Income ETF by 5.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 5,836,775 shares of the company’s stock valued at $320,906,000 after purchasing an additional 315,588 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of JPMorgan Equity Premium Income ETF by 406.2% during the first quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock worth $239,292,000 after purchasing an additional 3,318,702 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 14.6% in the 2nd quarter. Commonwealth Equity Services LLC now owns 3,379,837 shares of the company’s stock valued at $191,569,000 after buying an additional 430,134 shares during the period.

JPMorgan Equity Premium Income ETF Trading Down 0.7 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $57.53 on Monday. JPMorgan Equity Premium Income ETF has a 12 month low of $51.38 and a 12 month high of $58.85. The company has a market capitalization of $33.76 billion, a PE ratio of 24.40 and a beta of 0.53. The stock’s fifty day simple moving average is $57.06 and its 200 day simple moving average is $56.86.

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.