Valmark Advisers Inc. Acquires 22,413 Shares of JPMorgan Equity Premium Income ETF $JEPI

Valmark Advisers Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 74.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 52,721 shares of the company’s stock after buying an additional 22,413 shares during the period. Valmark Advisers Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $2,997,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Mather Group LLC. bought a new position in JPMorgan Equity Premium Income ETF in the 1st quarter worth about $25,000. Bartlett & CO. Wealth Management LLC bought a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $25,000. Mowery & Schoenfeld Wealth Management LLC bought a new position in JPMorgan Equity Premium Income ETF in the 1st quarter worth about $29,000. Millstone Evans Group LLC bought a new position in JPMorgan Equity Premium Income ETF in the 1st quarter worth about $29,000. Finally, Oliver Lagore Vanvalin Investment Group bought a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $32,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $56.91 on Thursday. The stock has a market capitalization of $41.17 billion, a P/E ratio of 23.93 and a beta of 0.62. The company’s 50-day simple moving average is $56.75 and its two-hundred day simple moving average is $56.14. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $60.88.

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.