JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Purchased by Prospera Financial Services Inc

Prospera Financial Services Inc raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 440,590 shares of the company’s stock after purchasing an additional 8,584 shares during the quarter. JPMorgan Equity Premium Income ETF comprises 0.7% of Prospera Financial Services Inc’s investment portfolio, making the stock its 22nd biggest position. Prospera Financial Services Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $26,225,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Cetera Investment Advisers raised its position in shares of JPMorgan Equity Premium Income ETF by 406.2% during the 1st quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock valued at $239,292,000 after buying an additional 3,318,702 shares during the period. Strategic Financial Concepts LLC increased its stake in JPMorgan Equity Premium Income ETF by 6,254.5% during the second quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock worth $595,000 after acquiring an additional 1,032,746 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at $31,505,000. Envestnet Asset Management Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 8.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 7,104,167 shares of the company’s stock valued at $402,664,000 after purchasing an additional 539,682 shares during the last quarter. Finally, CWM LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 44.3% during the 2nd quarter. CWM LLC now owns 1,739,888 shares of the company’s stock worth $98,617,000 after purchasing an additional 534,547 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.3 %

Shares of NYSEARCA:JEPI opened at $59.43 on Tuesday. The company has a market capitalization of $34.88 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The business has a 50-day moving average price of $59.26 and a 200 day moving average price of $57.74. JPMorgan Equity Premium Income ETF has a 12-month low of $54.20 and a 12-month high of $60.20.

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.