Strategic Wealth Partners Ltd. Buys 4,796 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Strategic Wealth Partners Ltd. increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 85,056 shares of the company’s stock after acquiring an additional 4,796 shares during the quarter. Strategic Wealth Partners Ltd.’s holdings in JPMorgan Equity Premium Income ETF were worth $5,062,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Marquette Asset Management LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 2.0% during the third quarter. Marquette Asset Management LLC now owns 297,964 shares of the company’s stock valued at $17,732,000 after buying an additional 5,904 shares during the last quarter. Brookstone Capital Management boosted its holdings in JPMorgan Equity Premium Income ETF by 6.3% during the 3rd quarter. Brookstone Capital Management now owns 754,765 shares of the company’s stock worth $44,916,000 after acquiring an additional 44,993 shares during the last quarter. Park Place Capital Corp purchased a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter worth $392,000. Legacy Private Trust Co. grew its stake in shares of JPMorgan Equity Premium Income ETF by 7.4% in the 3rd quarter. Legacy Private Trust Co. now owns 142,172 shares of the company’s stock worth $8,461,000 after acquiring an additional 9,760 shares in the last quarter. Finally, Marion Wealth Management raised its holdings in shares of JPMorgan Equity Premium Income ETF by 11.8% in the third quarter. Marion Wealth Management now owns 18,321 shares of the company’s stock valued at $1,090,000 after purchasing an additional 1,930 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.2 %

Shares of JEPI opened at $58.99 on Wednesday. The stock has a 50 day moving average of $58.09 and a 200 day moving average of $57.15. The company has a market capitalization of $34.61 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12 month low of $51.38 and a 12 month high of $59.58.

JPMorgan Equity Premium Income ETF 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.