JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Bought by Foster Victor Wealth Advisors LLC

Foster Victor Wealth Advisors LLC raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 25.7% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 18,989 shares of the company’s stock after purchasing an additional 3,882 shares during the period. Foster Victor Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,087,000 as of its most recent SEC filing.

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

JPMorgan Equity Premium Income ETF Trading Up 0.1 %

Shares of JPMorgan Equity Premium Income ETF stock traded up $0.05 during trading hours on Friday, reaching $57.61. 1,841,077 shares of the company’s stock were exchanged, compared to its average volume of 3,286,843. The company has a 50 day moving average of $56.57 and a two-hundred day moving average of $56.64. JPMorgan Equity Premium Income ETF has a fifty-two week low of $51.38 and a fifty-two week high of $57.94. The stock has a market cap of $33.81 billion, a P/E ratio of 24.40 and a beta of 0.53.

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.