AIFG Consultants Ltd. Boosts Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

AIFG Consultants Ltd. increased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 201,460 shares of the company’s stock after purchasing an additional 10,467 shares during the quarter. JPMorgan Equity Premium Income ETF makes up approximately 8.4% of AIFG Consultants Ltd.’s holdings, making the stock its 5th biggest holding. AIFG Consultants Ltd.’s holdings in JPMorgan Equity Premium Income ETF were worth $11,076,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in JEPI. Morgan Stanley raised its stake in shares of JPMorgan Equity Premium Income ETF by 12.1% in the third quarter. Morgan Stanley now owns 32,695,948 shares of the company’s stock valued at $1,751,195,000 after acquiring an additional 3,531,562 shares during the last quarter. International Assets Investment Management LLC acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter worth $647,943,000. Moneta Group Investment Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter worth $460,136,000. Royal Bank of Canada grew its holdings in shares of JPMorgan Equity Premium Income ETF by 15.3% during the third quarter. Royal Bank of Canada now owns 6,937,583 shares of the company’s stock worth $371,576,000 after purchasing an additional 922,303 shares during the last quarter. Finally, UBS Group AG increased its stake in shares of JPMorgan Equity Premium Income ETF by 21.5% in the third quarter. UBS Group AG now owns 5,795,557 shares of the company’s stock valued at $310,410,000 after buying an additional 1,024,956 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.2 %

Shares of JPMorgan Equity Premium Income ETF stock traded down $0.11 during trading on Thursday, reaching $55.47. The company’s stock had a trading volume of 2,841,911 shares, compared to its average volume of 3,606,048. JPMorgan Equity Premium Income ETF has a one year low of $51.38 and a one year high of $57.94. The stock has a 50-day moving average price of $56.84 and a two-hundred day moving average price of $55.27. The stock has a market capitalization of $32.49 billion, a P/E ratio of 24.51 and a beta of 0.54.

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.