ERn Financial LLC Has $1.23 Million Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

ERn Financial LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 21,451 shares of the company’s stock after purchasing an additional 471 shares during the period. ERn Financial LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,234,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of JEPI. JPMorgan Chase & Co. boosted its holdings in JPMorgan Equity Premium Income ETF by 18.8% during the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after purchasing an additional 3,536,406 shares in the last quarter. Cetera Investment Advisers grew its position in shares of JPMorgan Equity Premium Income ETF by 1.3% during the 2nd quarter. Cetera Investment Advisers now owns 4,188,012 shares of the company’s stock worth $237,377,000 after buying an additional 52,301 shares during the period. Commonwealth Equity Services LLC lifted its stake 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 valued at $218,105,000 after purchasing an additional 285,180 shares during the period. HighTower Advisors LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 2.4% during the third quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock worth $212,643,000 after buying an additional 83,858 shares during the last quarter. Finally, RiverFront Investment Group LLC grew its holdings in JPMorgan Equity Premium Income ETF by 5.9% during the second 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 period.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $58.00 on Thursday. JPMorgan Equity Premium Income ETF has a 52-week low of $54.72 and a 52-week high of $60.88. The business has a 50 day simple moving average of $59.11 and a 200 day simple moving average of $58.39. The stock has a market cap of $34.04 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.