Arkadios Wealth Advisors Has $4.53 Million Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Arkadios Wealth Advisors grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 91.7% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 79,710 shares of the company’s stock after buying an additional 38,134 shares during the quarter. Arkadios Wealth Advisors’ holdings in JPMorgan Equity Premium Income ETF were worth $4,531,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in JEPI. Atlas Capital Advisors Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 12.1% in the 1st quarter. Atlas Capital Advisors Inc. now owns 4,670 shares of the company’s stock worth $267,000 after purchasing an additional 504 shares during the last quarter. Coastline Trust Co grew its holdings in shares of JPMorgan Equity Premium Income ETF by 14.0% in the 2nd quarter. Coastline Trust Co now owns 1,981 shares of the company’s stock worth $113,000 after purchasing an additional 243 shares during the last quarter. Grandview Asset Management LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 8.6% in the 2nd quarter. Grandview Asset Management LLC now owns 14,976 shares of the company’s stock worth $851,000 after purchasing an additional 1,181 shares during the last quarter. Parallel Advisors LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 3.1% in the 2nd quarter. Parallel Advisors LLC now owns 45,589 shares of the company’s stock worth $2,592,000 after purchasing an additional 1,372 shares during the last quarter. Finally, Goldman Sachs Group Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 1st quarter worth about $847,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $56.90 on Thursday. The firm’s 50-day simple moving average is $56.95 and its 200-day simple moving average is $56.35. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month high of $60.88. The firm has a market cap of $40.81 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60.

JPMorgan Equity Premium Income ETF Company 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.