Garden State Investment Advisory Services LLC Has $5.38 Million Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Garden State Investment Advisory Services LLC raised its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.9% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 94,821 shares of the company’s stock after buying an additional 6,941 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 1.9% of Garden State Investment Advisory Services LLC’s investment portfolio, making the stock its 13th biggest holding. Garden State Investment Advisory Services LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,378,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Fluent Financial LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 4.2% in the 1st quarter. Fluent Financial LLC now owns 4,467 shares of the company’s stock valued at $258,000 after purchasing an additional 181 shares during the period. FSC Wealth Advisors LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 2.9% in the second quarter. FSC Wealth Advisors LLC now owns 6,774 shares of the company’s stock valued at $384,000 after buying an additional 188 shares in the last quarter. Hixon Zuercher LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 3.7% in the second quarter. Hixon Zuercher LLC now owns 5,336 shares of the company’s stock valued at $302,000 after buying an additional 190 shares during the period. Raleigh Capital Management Inc. grew its position in JPMorgan Equity Premium Income ETF by 21.6% during the fourth quarter. Raleigh Capital Management Inc. now owns 1,126 shares of the company’s stock worth $62,000 after buying an additional 200 shares in the last quarter. Finally, Salem Investment Counselors Inc. increased its stake in JPMorgan Equity Premium Income ETF by 17.5% during the 1st quarter. Salem Investment Counselors Inc. now owns 1,342 shares of the company’s stock worth $78,000 after acquiring an additional 200 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $59.16 on Friday. The business has a fifty day moving average price of $57.50 and a two-hundred day moving average price of $56.97. The stock has a market capitalization of $34.71 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a fifty-two week low of $51.38 and a fifty-two week high of $59.29.

JPMorgan Equity Premium Income ETF Company 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.