Focus Financial Network Inc. Has $2.33 Million Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Focus Financial Network Inc. raised its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 39,089 shares of the company’s stock after buying an additional 2,934 shares during the quarter. Focus Financial Network Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $2,326,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in JEPI. Salomon & Ludwin LLC acquired a new position in JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $25,000. HHM Wealth Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $28,000. Larson Financial Group LLC lifted its stake in JPMorgan Equity Premium Income ETF by 129.8% in the first quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after buying an additional 314 shares during the period. Beaird Harris Wealth Management LLC acquired a new position in JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $38,000. Finally, Whittier Trust Co. of Nevada Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 105.2% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 716 shares of the company’s stock valued at $41,000 after buying an additional 367 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $58.48 on Friday. JPMorgan Equity Premium Income ETF has a 52-week low of $52.93 and a 52-week high of $59.97. The business’s 50 day moving average price is $58.98 and its two-hundred day moving average price is $57.43. The firm has a market cap of $34.32 billion, a PE ratio of 24.40 and a beta of 0.53.

JPMorgan Equity Premium Income ETF Company Profile

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.