Focused Wealth Management Inc Raises Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Focused Wealth Management Inc lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 73,699 shares of the company’s stock after buying an additional 1,006 shares during the period. JPMorgan Equity Premium Income ETF comprises about 0.6% of Focused Wealth Management Inc’s holdings, making the stock its 28th largest position. Focused Wealth Management Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $4,386,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in 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. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 8.2% in the second quarter. Envestnet Asset Management Inc. now owns 7,104,167 shares of the company’s stock valued at $402,664,000 after acquiring an additional 539,682 shares in the last quarter. Cetera Investment Advisers increased its position in shares of JPMorgan Equity Premium Income ETF by 1.3% during the second quarter. Cetera Investment Advisers now owns 4,188,012 shares of the company’s stock valued at $237,377,000 after acquiring an additional 52,301 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 8.4% during the third quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock worth $218,105,000 after acquiring an additional 285,180 shares during the period. Finally, RiverFront Investment Group LLC boosted its position in JPMorgan Equity Premium Income ETF by 5.9% in the second quarter. RiverFront Investment Group LLC now owns 3,005,845 shares of the company’s stock worth $170,371,000 after purchasing an additional 166,821 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $58.89 on Wednesday. The firm has a market cap of $34.56 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1 year low of $53.33 and a 1 year high of $59.97. The stock has a fifty day moving average price of $58.98 and a 200-day moving average price of $57.48.

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.