Clarity Wealth Advisors LLC Buys 4,576 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Clarity Wealth Advisors LLC grew its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,860 shares of the company’s stock after buying an additional 4,576 shares during the quarter. Clarity Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,116,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in JEPI. International Assets Investment Management LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $647,943,000. Global Assets Advisory LLC grew its position in JPMorgan Equity Premium Income ETF by 5,858.1% in the first quarter. Global Assets Advisory LLC now owns 6,165,296 shares of the company’s stock worth $356,724,000 after acquiring an additional 6,061,819 shares in the last quarter. Morgan Stanley raised its position in JPMorgan Equity Premium Income ETF by 12.1% during the third quarter. Morgan Stanley now owns 32,695,948 shares of the company’s stock valued at $1,751,195,000 after purchasing an additional 3,531,562 shares during the period. Royal Bank of Canada lifted its stake in shares of JPMorgan Equity Premium Income ETF by 15.3% in the 3rd quarter. Royal Bank of Canada now owns 6,937,583 shares of the company’s stock valued at $371,576,000 after purchasing an additional 922,303 shares during the last quarter. Finally, Comerica Bank purchased a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at $31,745,000.

JPMorgan Equity Premium Income ETF Stock Down 0.1 %

JEPI traded down $0.06 during trading on Friday, reaching $56.68. The company had a trading volume of 2,478,110 shares, compared to its average volume of 3,290,957. The stock has a market cap of $33.26 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52 week low of $51.38 and a 52 week high of $57.94. The business has a 50 day simple moving average of $56.59 and a 200-day simple moving average of $56.31.

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.