JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Purchased by Marshall Financial Group LLC

Marshall Financial Group LLC raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 132.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 110,766 shares of the company’s stock after purchasing an additional 63,018 shares during the quarter. JPMorgan Equity Premium Income ETF comprises approximately 1.8% of Marshall Financial Group LLC’s holdings, making the stock its 13th biggest holding. Marshall Financial Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,278,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in JEPI. International Assets Investment Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $11,785,000. Sequoia Financial Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth $315,000. Tyche Wealth Partners LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at $351,000. Curran Financial Partners LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 5.9% during the 4th quarter. Curran Financial Partners LLC now owns 203,014 shares of the company’s stock valued at $11,296,000 after acquiring an additional 11,262 shares in the last quarter. Finally, Cambridge Trust Co. boosted its position in JPMorgan Equity Premium Income ETF by 1.6% during the 4th quarter. Cambridge Trust Co. now owns 797,301 shares of the company’s stock worth $43,836,000 after purchasing an additional 12,660 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock traded up $0.05 during midday trading on Friday, hitting $57.61. 1,841,077 shares of the company were exchanged, compared to its average volume of 3,286,843. The company has a market cap of $33.81 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a fifty-two week low of $51.38 and a fifty-two week high of $57.94. The company’s fifty day moving average price is $56.57 and its 200-day moving average price is $56.64.

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.