JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Acquired by Patten Group Inc.

Patten Group Inc. raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 62.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,774 shares of the company’s stock after acquiring an additional 17,286 shares during the period. Patten Group Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $2,665,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in JEPI. Hexagon Capital Partners LLC increased its stake in JPMorgan Equity Premium Income ETF by 16.5% in the third quarter. Hexagon Capital Partners LLC now owns 32,777 shares of the company’s stock valued at $1,951,000 after purchasing an additional 4,653 shares during the period. CWM LLC increased its stake in JPMorgan Equity Premium Income ETF by 5.3% in the 3rd quarter. CWM LLC now owns 1,832,301 shares of the company’s stock valued at $109,040,000 after buying an additional 92,413 shares during the period. Daymark Wealth Partners LLC raised its position in JPMorgan Equity Premium Income ETF by 20.4% during the 3rd quarter. Daymark Wealth Partners LLC now owns 270,489 shares of the company’s stock worth $16,097,000 after buying an additional 45,798 shares during the last quarter. First PREMIER Bank boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.4% in the third quarter. First PREMIER Bank now owns 41,810 shares of the company’s stock valued at $2,488,000 after acquiring an additional 976 shares in the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its stake in shares of JPMorgan Equity Premium Income ETF by 6.6% during the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 8,430 shares of the company’s stock worth $502,000 after acquiring an additional 522 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.4 %

Shares of JEPI opened at $59.22 on Thursday. The stock’s 50 day moving average is $58.12 and its two-hundred day moving average is $57.16. JPMorgan Equity Premium Income ETF has a twelve month low of $51.38 and a twelve month high of $59.58. The firm has a market capitalization of $34.75 billion, a PE ratio of 24.40 and a beta of 0.53.

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.