M Holdings Securities Inc. Buys 26,186 Shares of JPMorgan Equity Premium Income ETF $JEPI

M Holdings Securities Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 60.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 69,639 shares of the company’s stock after purchasing an additional 26,186 shares during the quarter. M Holdings Securities Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $3,954,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Brighton Jones LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth about $402,000. Citizens Financial Group Inc. RI lifted its stake in JPMorgan Equity Premium Income ETF by 180.1% in the first quarter. Citizens Financial Group Inc. RI now owns 62,642 shares of the company’s stock worth $3,579,000 after purchasing an additional 40,279 shares during the last quarter. Chicago Partners Investment Group LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 17.2% during the first quarter. Chicago Partners Investment Group LLC now owns 262,280 shares of the company’s stock valued at $14,604,000 after buying an additional 38,418 shares during the last quarter. Solutions 4 Wealth Ltd grew its stake in shares of JPMorgan Equity Premium Income ETF by 1.2% during the first quarter. Solutions 4 Wealth Ltd now owns 15,441 shares of the company’s stock valued at $882,000 after buying an additional 183 shares during the last quarter. Finally, Red Crane Wealth Management LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 1.9% in the first quarter. Red Crane Wealth Management LLC now owns 21,148 shares of the company’s stock worth $1,208,000 after buying an additional 404 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $57.46 on Friday. The stock has a 50 day moving average price of $56.93 and a 200 day moving average price of $56.68. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $60.17. The firm has a market capitalization of $41.13 billion, a P/E ratio of 23.93 and a beta of 0.60.

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.