PFG Investments LLC Increases Position in JPMorgan Equity Premium Income ETF $JEPI

PFG Investments LLC lifted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 20.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 133,911 shares of the company’s stock after buying an additional 22,988 shares during the period. PFG Investments LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $7,613,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Consolidated Portfolio Review Corp lifted its stake in shares of JPMorgan Equity Premium Income ETF by 68.4% during the 2nd quarter. Consolidated Portfolio Review Corp now owns 21,178 shares of the company’s stock worth $1,204,000 after purchasing an additional 8,604 shares during the period. Institute for Wealth Management LLC. lifted its position in JPMorgan Equity Premium Income ETF by 3.7% during the second quarter. Institute for Wealth Management LLC. now owns 25,634 shares of the company’s stock worth $1,457,000 after buying an additional 909 shares during the period. Cooper Financial Group lifted its position in JPMorgan Equity Premium Income ETF by 13.0% during the second quarter. Cooper Financial Group now owns 407,614 shares of the company’s stock worth $23,173,000 after buying an additional 46,741 shares during the period. Truist Financial Corp lifted its position in JPMorgan Equity Premium Income ETF by 13.0% during the second quarter. Truist Financial Corp now owns 1,007,194 shares of the company’s stock worth $57,259,000 after buying an additional 115,483 shares during the period. Finally, MBA Advisors LLC lifted its position in JPMorgan Equity Premium Income ETF by 15.0% during the second quarter. MBA Advisors LLC now owns 130,289 shares of the company’s stock worth $7,407,000 after buying an additional 17,039 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.2%

NYSEARCA JEPI opened at $57.10 on Wednesday. The company has a market capitalization of $41.21 billion, a PE ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month high of $60.88. The business’s 50-day moving average price is $56.78 and its 200 day moving average price is $56.14.

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.