Centaurus Financial Inc. Grows Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Centaurus Financial Inc. raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 83,031 shares of the company’s stock after purchasing an additional 4,602 shares during the quarter. Centaurus Financial Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $4,777,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JEPI. Potentia Wealth bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $447,000. Florida Financial Advisors LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 54.3% during the 4th quarter. Florida Financial Advisors LLC now owns 7,014 shares of the company’s stock valued at $404,000 after buying an additional 2,468 shares in the last quarter. US Bancorp DE boosted its position in JPMorgan Equity Premium Income ETF by 28.0% in the 4th quarter. US Bancorp DE now owns 28,673 shares of the company’s stock valued at $1,650,000 after buying an additional 6,273 shares during the period. Clarity Wealth Advisors LLC boosted its position in JPMorgan Equity Premium Income ETF by 0.7% in the 4th quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock valued at $3,204,000 after buying an additional 401 shares during the period. Finally, O Shaughnessy Asset Management LLC grew its stake in JPMorgan Equity Premium Income ETF by 15.8% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 3,439 shares of the company’s stock worth $198,000 after acquiring an additional 470 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $56.07 on Wednesday. The firm’s 50 day simple moving average is $55.21 and its 200-day simple moving average is $57.56. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88. The firm has a market cap of $39.62 billion, a PE ratio of 24.55 and a beta of 0.61.

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.