Brookstone Capital Management Increases Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Brookstone Capital Management lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 754,765 shares of the company’s stock after acquiring an additional 44,993 shares during the period. Brookstone Capital Management owned 0.13% of JPMorgan Equity Premium Income ETF worth $44,916,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Park Place Capital Corp purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth about $392,000. Legacy Private Trust Co. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 7.4% during 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 during the period. Marion Wealth Management lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 11.8% during the 3rd quarter. Marion Wealth Management now owns 18,321 shares of the company’s stock worth $1,090,000 after acquiring an additional 1,930 shares during the period. Advance Capital Management Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 5.1% during the 3rd quarter. Advance Capital Management Inc. now owns 335,653 shares of the company’s stock worth $19,975,000 after acquiring an additional 16,329 shares during the period. Finally, Williams & Novak LLC increased its position in JPMorgan Equity Premium Income ETF by 50.2% during the 3rd quarter. Williams & Novak LLC now owns 9,294 shares of the company’s stock worth $553,000 after purchasing an additional 3,105 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $58.99 on Wednesday. The firm has a 50 day moving average price of $58.09 and a 200 day moving average price of $57.15. The company has a market cap of $34.61 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1 year low of $51.38 and a 1 year 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.