Acorn Wealth Advisors LLC Purchases 1,683 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Acorn Wealth Advisors LLC increased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,281 shares of the company’s stock after purchasing an additional 1,683 shares during the period. JPMorgan Equity Premium Income ETF accounts for 1.2% of Acorn Wealth Advisors LLC’s portfolio, making the stock its 19th largest holding. Acorn Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,814,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Raymond James & Associates lifted 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 valued at $137,258,000 after acquiring an additional 439,155 shares in the last quarter. Marshall Financial Group LLC boosted its stake in JPMorgan Equity Premium Income ETF by 132.0% in the 2nd quarter. Marshall Financial Group LLC now owns 110,766 shares of the company’s stock worth $6,278,000 after purchasing an additional 63,018 shares during the period. 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 buying an additional 4,524 shares in the last quarter. Heritage Wealth Management Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $978,000. Finally, Summit Wealth Partners LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 1.3% in the second quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock worth $4,360,000 after buying an additional 957 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.6 %

JEPI traded up $0.34 during trading on Monday, reaching $60.50. The company had a trading volume of 403,273 shares, compared to its average volume of 3,137,391. JPMorgan Equity Premium Income ETF has a 52 week low of $54.27 and a 52 week high of $60.50. The stock has a market cap of $35.50 billion, a P/E ratio of 24.40 and a beta of 0.53. The business has a 50 day simple moving average of $59.36 and a 200-day simple moving average of $57.83.

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.