JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Acquired by AdvisorNet Financial Inc

AdvisorNet Financial Inc lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 33.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 114,094 shares of the company’s stock after purchasing an additional 28,478 shares during the period. AdvisorNet Financial Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $6,564,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Salomon & Ludwin LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter worth $25,000. Running Point Capital Advisors LLC grew its stake in JPMorgan Equity Premium Income ETF by 131.2% during the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after purchasing an additional 362 shares in the last quarter. Brown Lisle Cummings Inc. grew its stake in JPMorgan Equity Premium Income ETF by 48.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after purchasing an additional 255 shares in the last quarter. Pathway Financial Advisers LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter valued at about $49,000. Finally, Abound Wealth Management raised its position in JPMorgan Equity Premium Income ETF by 1,320.8% in the 4th quarter. Abound Wealth Management now owns 1,094 shares of the company’s stock valued at $63,000 after purchasing an additional 1,017 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $57.27 on Tuesday. The business has a 50-day simple moving average of $59.13 and a 200-day simple moving average of $58.39. JPMorgan Equity Premium Income ETF has a one year low of $54.72 and a one year high of $60.88. The company has a market cap of $33.61 billion, a PE ratio of 24.40 and a beta of 0.53.

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.