RiverFront Investment Group LLC lifted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 5.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,005,845 shares of the company’s stock after buying an additional 166,821 shares during the period. JPMorgan Equity Premium Income ETF makes up about 4.5% of RiverFront Investment Group LLC’s investment portfolio, making the stock its 5th biggest position. RiverFront Investment Group LLC owned approximately 0.51% of JPMorgan Equity Premium Income ETF worth $170,371,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. HHM Wealth Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF during the second quarter valued at $28,000. Larson Financial Group LLC increased its holdings in JPMorgan Equity Premium Income ETF by 129.8% in the 1st quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock worth $32,000 after acquiring an additional 314 shares in the last quarter. Burkett Financial Services LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 1st quarter worth approximately $35,000. Morris Financial Concepts Inc. lifted its holdings in JPMorgan Equity Premium Income ETF by 114.1% during the first quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock valued at $36,000 after purchasing an additional 331 shares in the last quarter. Finally, Beaird Harris Wealth Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the first quarter worth $38,000.
JPMorgan Equity Premium Income ETF Stock Performance
Shares of JPMorgan Equity Premium Income ETF stock opened at $59.09 on Wednesday. The company has a fifty day moving average of $57.86 and a 200 day moving average of $57.09. The company has a market capitalization of $34.68 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a fifty-two week low of $51.38 and a fifty-two week high of $59.58.
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.
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