Marshall Financial Group LLC Has $6.67 Million Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Marshall Financial Group LLC grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 112,102 shares of the company’s stock after purchasing an additional 1,336 shares during the period. JPMorgan Equity Premium Income ETF comprises about 1.6% of Marshall Financial Group LLC’s portfolio, making the stock its 13th largest position. Marshall Financial Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,671,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JEPI. HHM Wealth Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF during the second quarter worth about $28,000. Larson Financial Group LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 129.8% during the 1st quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after purchasing an additional 314 shares in the last quarter. Morris Financial Concepts Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 114.1% in the 1st quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock valued at $36,000 after purchasing an additional 331 shares during the period. Beaird Harris Wealth Management LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 1st quarter worth 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 in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.1 %

Shares of JEPI stock opened at $59.84 on Friday. The company has a market capitalization of $35.11 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12-month low of $51.38 and a 12-month high of $59.91. The firm has a fifty day moving average of $58.56 and a 200-day moving average of $57.25.

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.