JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Position Raised by Horizon Advisory Services Inc.

Horizon Advisory Services Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.5% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 472,229 shares of the company’s stock after buying an additional 2,158 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for about 12.8% of Horizon Advisory Services Inc.’s investment portfolio, making the stock its biggest position. Horizon Advisory Services Inc. owned 0.08% of JPMorgan Equity Premium Income ETF worth $26,766,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. JPMorgan Chase & Co. grew its stake in shares of JPMorgan Equity Premium Income ETF by 3.8% during the first quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock valued at $1,274,807,000 after buying an additional 815,598 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of 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 valued at $402,664,000 after buying an additional 539,682 shares during the last quarter. Global Assets Advisory LLC grew its stake in JPMorgan Equity Premium Income ETF by 5,858.1% in the first quarter. Global Assets Advisory LLC now owns 6,165,296 shares of the company’s stock worth $356,724,000 after purchasing an additional 6,061,819 shares in the last quarter. Cetera Investment Advisers grew its stake in JPMorgan Equity Premium Income ETF by 406.2% in the first quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock worth $239,292,000 after purchasing an additional 3,318,702 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in JPMorgan Equity Premium Income ETF by 14.6% during the 2nd quarter. Commonwealth Equity Services LLC now owns 3,379,837 shares of the company’s stock worth $191,569,000 after purchasing an additional 430,134 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $59.41 on Friday. JPMorgan Equity Premium Income ETF has a 1-year low of $51.38 and a 1-year high of $59.58. The company has a 50-day moving average of $57.77 and a 200 day moving average of $57.07. The firm has a market cap of $34.86 billion, a PE ratio of 24.40 and a beta of 0.53.

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.