OMNI 360 Wealth Inc. Acquires 404 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

OMNI 360 Wealth Inc. increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 19,779 shares of the company’s stock after purchasing an additional 404 shares during the period. OMNI 360 Wealth Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,177,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of JEPI. JPMorgan Chase & Co. grew its position in shares of JPMorgan Equity Premium Income ETF by 3.8% in the 1st quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock valued at $1,274,807,000 after buying an additional 815,598 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 8.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 7,104,167 shares of the company’s stock worth $402,664,000 after purchasing an additional 539,682 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of JPMorgan Equity Premium Income ETF by 1.3% in the 2nd quarter. Cetera Investment Advisers now owns 4,188,012 shares of the company’s stock worth $237,377,000 after purchasing an additional 52,301 shares during the period. Commonwealth Equity Services LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 8.4% in the 3rd quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock worth $218,105,000 after purchasing an additional 285,180 shares during the period. Finally, RiverFront Investment Group LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 5.9% in the 2nd quarter. RiverFront Investment Group LLC now owns 3,005,845 shares of the company’s stock valued at $170,371,000 after purchasing an additional 166,821 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.3 %

JEPI stock traded down $0.16 during midday trading on Friday, hitting $59.23. The stock had a trading volume of 2,625,692 shares, compared to its average volume of 3,129,870. The firm has a market cap of $34.76 billion, a P/E ratio of 24.40 and a beta of 0.53. The business has a fifty day moving average price of $58.87 and a two-hundred day moving average price of $57.35. JPMorgan Equity Premium Income ETF has a 1-year low of $51.38 and a 1-year high of $59.97.

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.