EverSource Wealth Advisors LLC Purchases 8,409 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

EverSource Wealth Advisors LLC increased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 106,199 shares of the company’s stock after purchasing an additional 8,409 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,104,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JEPI. Asset Allocation Strategies LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 3.6% during the 4th quarter. Asset Allocation Strategies LLC now owns 7,245 shares of the company’s stock valued at $398,000 after acquiring an additional 253 shares during the last quarter. Global Trust Asset Management LLC lifted its stake in JPMorgan Equity Premium Income ETF by 146.8% in the first quarter. Global Trust Asset Management LLC now owns 1,513 shares of the company’s stock valued at $88,000 after buying an additional 900 shares during the period. Mosley Wealth Management acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $578,000. Optimum Investment Advisors boosted its holdings in JPMorgan Equity Premium Income ETF by 331.3% during the first quarter. Optimum Investment Advisors now owns 1,294 shares of the company’s stock worth $75,000 after buying an additional 994 shares during the last quarter. Finally, Napa Wealth Management acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $1,254,000.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $59.15 on Friday. The firm has a market capitalization of $34.71 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The company’s 50 day simple moving average is $57.54 and its 200 day simple moving average is $56.99. 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.