Brookstone Capital Management Raises Stake in JPMorgan Equity Premium Income ETF $JEPI

Brookstone Capital Management lifted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 828,514 shares of the company’s stock after buying an additional 34,336 shares during the quarter. Brookstone Capital Management owned approximately 0.11% of JPMorgan Equity Premium Income ETF worth $47,101,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the business. Kingstone Capital Partners Texas LLC lifted its position in JPMorgan Equity Premium Income ETF by 387,324.3% during the second quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock valued at $22,736,908,000 after purchasing an additional 401,771,477 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 35.9% in the first quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock worth $1,609,887,000 after purchasing an additional 7,443,750 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of JPMorgan Equity Premium Income ETF by 10.5% in the first quarter. Royal Bank of Canada now owns 8,119,139 shares of the company’s stock worth $463,927,000 after purchasing an additional 772,858 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 11.3% in the first quarter. Envestnet Asset Management Inc. now owns 7,611,329 shares of the company’s stock worth $434,911,000 after acquiring an additional 774,664 shares during the period. Finally, Nationwide Fund Advisors purchased a new stake in JPMorgan Equity Premium Income ETF in the second quarter worth about $396,998,000.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $57.52 on Wednesday. JPMorgan Equity Premium Income ETF has a 1-year low of $49.94 and a 1-year high of $60.88. The company has a 50-day moving average of $56.88 and a 200 day moving average of $56.15. The firm has a market cap of $41.38 billion, a PE ratio of 23.93 and a beta of 0.62.

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.