JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Acquired by Concourse Financial Group Securities Inc.

Concourse Financial Group Securities Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 37,478 shares of the company’s stock after purchasing an additional 3,195 shares during the quarter. Concourse Financial Group Securities Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $2,230,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in JEPI. Raleigh Capital Management Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 21.6% during the fourth quarter. Raleigh Capital Management Inc. now owns 1,126 shares of the company’s stock worth $62,000 after purchasing an additional 200 shares in the last quarter. Chicago Partners Investment Group LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $215,000. SageView Advisory Group LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 30.2% during the fourth quarter. SageView Advisory Group LLC now owns 16,136 shares of the company’s stock worth $908,000 after buying an additional 3,745 shares during the period. Leo Wealth LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $303,000. Finally, Appleton Partners Inc. MA increased its stake in shares of JPMorgan Equity Premium Income ETF by 7.8% during the first quarter. Appleton Partners Inc. MA now owns 230,501 shares of the company’s stock worth $13,337,000 after buying an additional 16,649 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $59.46 on Monday. The company’s 50 day moving average price is $58.23 and its 200 day moving average price is $57.18. JPMorgan Equity Premium Income ETF has a fifty-two week low of $51.38 and a fifty-two week high of $59.58. The firm has a market capitalization of $34.89 billion, a price-to-earnings 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.