Hixon Zuercher LLC Grows Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Hixon Zuercher LLC grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,336 shares of the company’s stock after buying an additional 190 shares during the quarter. Hixon Zuercher LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $302,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. International Assets Investment Management LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $11,785,000. GAMMA Investing LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $44,000. DiNuzzo Private Wealth Inc. acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at $47,000. Great Valley Advisor Group Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 32.1% in the fourth quarter. Great Valley Advisor Group Inc. now owns 43,495 shares of the company’s stock valued at $2,391,000 after purchasing an additional 10,567 shares during the period. Finally, Robertson Stephens Wealth Management LLC grew its stake in JPMorgan Equity Premium Income ETF by 30.3% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 31,592 shares of the company’s stock worth $1,750,000 after purchasing an additional 7,351 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $58.83 on Friday. The company has a market cap of $34.52 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The stock’s 50-day moving average is $56.93 and its two-hundred day moving average is $56.79. JPMorgan Equity Premium Income ETF has a 1-year low of $51.38 and a 1-year high of $58.85.

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.