JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Bought by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 18.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 154,498 shares of the company’s stock after purchasing an additional 23,952 shares during the period. Oppenheimer & Co. Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $9,194,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Raymond James & Associates boosted its stake in shares of JPMorgan Equity Premium Income ETF by 22.2% during the 2nd quarter. Raymond James & Associates now owns 2,421,638 shares of the company’s stock worth $137,258,000 after acquiring an additional 439,155 shares in the last quarter. Marshall Financial Group LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 132.0% during the 2nd quarter. Marshall Financial Group LLC now owns 110,766 shares of the company’s stock worth $6,278,000 after acquiring an additional 63,018 shares in the last quarter. Sequoia Financial Advisors LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 39.5% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 15,980 shares of the company’s stock worth $906,000 after acquiring an additional 4,524 shares in the last quarter. Heritage Wealth Management Inc. purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $978,000. Finally, Summit Wealth Partners LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 1.3% during the 2nd quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock worth $4,360,000 after acquiring an additional 957 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $60.02 on Thursday. JPMorgan Equity Premium Income ETF has a 1 year low of $54.10 and a 1 year high of $60.20. The stock’s 50 day moving average price is $59.16 and its 200 day moving average price is $57.65. The firm has a market cap of $35.22 billion, a P/E 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.