ORG Partners LLC Acquires Shares of 19,193 JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

ORG Partners LLC bought a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 19,193 shares of the company’s stock, valued at approximately $1,077,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Global Assets Advisory LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 5,858.1% during the 1st quarter. Global Assets Advisory LLC now owns 6,165,296 shares of the company’s stock worth $356,724,000 after buying an additional 6,061,819 shares in the last quarter. Cetera Investment Advisers grew its holdings in JPMorgan Equity Premium Income ETF by 406.2% during the 1st quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock worth $239,292,000 after acquiring an additional 3,318,702 shares in the last quarter. Rational Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF during the 1st quarter valued at about $47,650,000. JPMorgan Chase & Co. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 3.8% in the 1st quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock valued at $1,274,807,000 after purchasing an additional 815,598 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 39.1% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 2,503,336 shares of the company’s stock worth $144,843,000 after purchasing an additional 703,731 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 0.4 %

Shares of NYSEARCA JEPI traded up $0.23 during midday trading on Wednesday, reaching $57.06. 2,458,370 shares of the company’s stock traded hands, compared to its average volume of 3,299,177. The company has a market cap of $33.48 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a one year low of $51.38 and a one year high of $57.94. The stock’s 50 day simple moving average is $56.52 and its 200-day simple moving average is $56.62.

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.