SNS Financial Group LLC Purchases 300 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

SNS Financial Group LLC lifted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,488 shares of the company’s stock after acquiring an additional 300 shares during the period. SNS Financial Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $878,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in JEPI. Larson Financial Group LLC grew its holdings in JPMorgan Equity Premium Income ETF by 129.8% during the first quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after purchasing an additional 314 shares during the period. Burkett Financial Services LLC purchased a new position in JPMorgan Equity Premium Income ETF during the first quarter valued at approximately $35,000. Capital Advisors Ltd. LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 79.3% in the fourth quarter. Capital Advisors Ltd. LLC now owns 658 shares of the company’s stock worth $36,000 after purchasing an additional 291 shares during the period. Morris Financial Concepts Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF by 114.1% in the first quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock worth $36,000 after purchasing an additional 331 shares in the last quarter. Finally, Beaird Harris Wealth Management LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 1st quarter valued at $38,000.

JPMorgan Equity Premium Income ETF Stock Up 0.4 %

NYSEARCA JEPI traded up $0.24 during trading hours on Friday, reaching $58.11. The company’s stock had a trading volume of 2,936,242 shares, compared to its average volume of 3,263,346. JPMorgan Equity Premium Income ETF has a 1 year low of $51.38 and a 1 year high of $58.13. The firm’s 50-day moving average price is $56.73 and its 200-day moving average price is $56.71. The company has a market capitalization of $34.10 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.