JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Purchased by Beacon Financial Advisory LLC

Beacon Financial Advisory LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 327,645 shares of the company’s stock after buying an additional 15,034 shares during the period. JPMorgan Equity Premium Income ETF comprises 6.1% of Beacon Financial Advisory LLC’s investment portfolio, making the stock its largest position. Beacon Financial Advisory LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $18,849,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of JEPI. JPMorgan Chase & Co. grew its holdings in JPMorgan Equity Premium Income ETF by 18.8% during the 3rd 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. Commonwealth Equity Services LLC grew its stake in shares of 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 valued at $218,105,000 after acquiring an additional 285,180 shares in the last quarter. HighTower Advisors LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 2.4% in the third quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock worth $212,643,000 after acquiring an additional 83,858 shares in the last quarter. MML Investors Services LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 16.9% during the 3rd quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock valued at $155,331,000 after buying an additional 376,400 shares during the last quarter. Finally, Stifel Financial Corp boosted its stake in JPMorgan Equity Premium Income ETF by 7.0% during the 3rd quarter. Stifel Financial Corp now owns 2,088,400 shares of the company’s stock valued at $124,281,000 after acquiring an additional 136,138 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.5 %

Shares of NYSEARCA JEPI opened at $58.94 on Thursday. The company has a market capitalization of $34.59 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 $54.77 and a twelve month high of $60.88. The business has a 50 day simple moving average of $58.75 and a 200-day simple moving average of $58.63.

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.