AE Wealth Management LLC Purchases 22,698 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

AE Wealth Management LLC lifted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 11.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 224,140 shares of the company’s stock after acquiring an additional 22,698 shares during the period. AE Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $12,704,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Benjamin F. Edwards & Company Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 14.6% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 41,666 shares of the company’s stock worth $2,362,000 after acquiring an additional 5,300 shares during the period. LJI Wealth Management LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 10.0% in the 2nd quarter. LJI Wealth Management LLC now owns 31,261 shares of the company’s stock worth $1,772,000 after acquiring an additional 2,843 shares during the last quarter. Intrepid Financial Planning Group LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 26.1% during the 2nd quarter. Intrepid Financial Planning Group LLC now owns 38,361 shares of the company’s stock valued at $2,174,000 after buying an additional 7,932 shares during the period. SkyOak Wealth LLC increased its holdings in JPMorgan Equity Premium Income ETF by 3.0% in the 2nd quarter. SkyOak Wealth LLC now owns 34,052 shares of the company’s stock valued at $1,930,000 after purchasing an additional 996 shares during the last quarter. Finally, Lokken Investment Group LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 3.2% in the second quarter. Lokken Investment Group LLC now owns 19,352 shares of the company’s stock valued at $1,097,000 after purchasing an additional 602 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.1 %

Shares of JEPI opened at $59.16 on Friday. JPMorgan Equity Premium Income ETF has a 52-week low of $51.38 and a 52-week high of $59.29. The company has a market capitalization of $34.71 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The stock has a 50 day moving average price of $57.50 and a 200 day moving average price of $56.97.

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.