JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Bought by HighTower Advisors LLC

HighTower Advisors LLC lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.4% in the 3rd quarter, Holdings Channel.com reports. The fund owned 3,573,526 shares of the company’s stock after buying an additional 83,858 shares during the quarter. HighTower Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $212,643,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Raymond James & Associates increased its position in shares of JPMorgan Equity Premium Income ETF by 22.2% in the second quarter. Raymond James & Associates now owns 2,421,638 shares of the company’s stock worth $137,258,000 after acquiring an additional 439,155 shares in the last quarter. Marshall Financial Group LLC grew its holdings in JPMorgan Equity Premium Income ETF by 132.0% during the 2nd quarter. Marshall Financial Group LLC now owns 110,766 shares of the company’s stock valued at $6,278,000 after purchasing an additional 63,018 shares in the last quarter. Sequoia Financial Advisors LLC grew its holdings in JPMorgan Equity Premium Income ETF by 39.5% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 15,980 shares of the company’s stock valued at $906,000 after purchasing an additional 4,524 shares in the last quarter. Heritage Wealth Management Inc. acquired a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $978,000. Finally, Summit Wealth Partners LLC grew its holdings in JPMorgan Equity Premium Income ETF by 1.3% during the 2nd quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock valued at $4,360,000 after purchasing an additional 957 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.9 %

JEPI opened at $60.29 on Tuesday. The company has a fifty day simple moving average of $59.53 and a 200 day simple moving average of $57.96. The firm has a market cap of $35.38 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a twelve month low of $54.27 and a twelve month high of $60.88.

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.