Harbor Investment Advisory LLC Buys 22,390 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Harbor Investment Advisory LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 38.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,099 shares of the company’s stock after purchasing an additional 22,390 shares during the quarter. Harbor Investment Advisory LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,767,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. HHM Wealth Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at about $28,000. Larson Financial Group LLC grew its position in JPMorgan Equity Premium Income ETF by 129.8% during the 1st quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock worth $32,000 after purchasing an additional 314 shares during the last quarter. Burkett Financial Services LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 1st quarter valued at approximately $35,000. Morris Financial Concepts Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 114.1% in the first quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock worth $36,000 after buying an additional 331 shares during the last quarter. Finally, Beaird Harris Wealth Management LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter worth $38,000.

JPMorgan Equity Premium Income ETF Stock Up 0.4 %

Shares of JEPI traded up $0.24 during trading hours on Friday, reaching $59.15. 2,177,139 shares of the company traded hands, compared to its average volume of 3,184,878. The business has a fifty day moving average price of $58.01 and a 200-day moving average price of $57.13. JPMorgan Equity Premium Income ETF has a 12-month low of $51.38 and a 12-month high of $59.58. The stock has a market capitalization of $34.71 billion, a P/E ratio of 24.40 and a beta of 0.53.

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.