Cahill Financial Advisors Inc. Acquires 7,528 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Cahill Financial Advisors Inc. raised its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 83,014 shares of the company’s stock after buying an additional 7,528 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 0.7% of Cahill Financial Advisors Inc.’s investment portfolio, making the stock its 28th biggest holding. Cahill Financial Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $4,940,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in JEPI. Cetera Investment Advisers lifted its holdings in JPMorgan Equity Premium Income ETF by 406.2% during the 1st quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock valued at $239,292,000 after purchasing an additional 3,318,702 shares during the last quarter. Strategic Financial Concepts LLC grew its stake 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 buying an additional 1,032,746 shares during the last quarter. Sanctuary Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $31,505,000. Envestnet Asset Management Inc. lifted its position in JPMorgan Equity Premium Income ETF by 8.2% during the second quarter. Envestnet Asset Management Inc. now owns 7,104,167 shares of the company’s stock worth $402,664,000 after acquiring an additional 539,682 shares during the last quarter. Finally, CWM LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 44.3% during the second quarter. CWM LLC now owns 1,739,888 shares of the company’s stock worth $98,617,000 after acquiring an additional 534,547 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.4 %

Shares of NYSEARCA JEPI opened at $60.16 on Friday. The firm has a market cap of $35.30 billion, a P/E ratio of 24.40 and a beta of 0.53. The business’s 50 day moving average is $59.36 and its 200-day moving average is $57.82. JPMorgan Equity Premium Income ETF has a 1-year low of $54.27 and a 1-year high of $60.20.

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.