First Heartland Consultants Inc. Has $1.51 Million Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

First Heartland Consultants Inc. reduced its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 20.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 25,428 shares of the company’s stock after selling 6,486 shares during the quarter. First Heartland Consultants Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,513,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JEPI. Cetera Investment Advisers increased its holdings in JPMorgan Equity Premium Income ETF by 406.2% in the first quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock worth $239,292,000 after buying an additional 3,318,702 shares during the last quarter. Strategic Financial Concepts LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 6,254.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock valued at $595,000 after purchasing an additional 1,032,746 shares during the period. JPMorgan Chase & Co. grew its position in JPMorgan Equity Premium Income ETF by 3.8% during the first quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock worth $1,274,807,000 after buying an additional 815,598 shares in the last quarter. First Foundation Advisors grew its holdings in shares of JPMorgan Equity Premium Income ETF by 91.9% during the 1st quarter. First Foundation Advisors now owns 1,203,095 shares of the company’s stock worth $69,611,000 after purchasing an additional 576,068 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF in the second quarter worth $31,505,000.

JPMorgan Equity Premium Income ETF Trading Down 0.0 %

NYSEARCA:JEPI traded down $0.01 during mid-day trading on Tuesday, hitting $60.07. The company’s stock had a trading volume of 608,299 shares, compared to its average volume of 3,128,834. JPMorgan Equity Premium Income ETF has a fifty-two week low of $53.67 and a fifty-two week high of $60.20. The company has a market capitalization of $35.25 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The stock has a fifty day moving average of $59.09 and a 200-day moving average of $57.61.

JPMorgan Equity Premium Income ETF 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.