JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Purchased by Fiduciary Trust Co

Fiduciary Trust Co grew its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 44.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,501 shares of the company’s stock after purchasing an additional 4,172 shares during the period. Fiduciary Trust Co’s holdings in JPMorgan Equity Premium Income ETF were worth $803,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Raymond James & Associates increased its stake in JPMorgan Equity Premium Income ETF by 22.2% in the second quarter. Raymond James & Associates now owns 2,421,638 shares of the company’s stock valued at $137,258,000 after purchasing an additional 439,155 shares during the last quarter. Marshall Financial Group LLC lifted its holdings 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 during the period. Sequoia Financial Advisors LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 39.5% in the second 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 during the last quarter. Heritage Wealth Management Inc. purchased a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $978,000. Finally, Summit Wealth Partners LLC increased its position in JPMorgan Equity Premium Income ETF by 1.3% during the second quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock worth $4,360,000 after purchasing an additional 957 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.2 %

Shares of JEPI opened at $60.83 on Friday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.27 and a fifty-two week high of $60.88. The company’s fifty day moving average is $59.53 and its two-hundred day moving average is $57.95. The firm has a market cap of $35.70 billion, a PE ratio of 24.40 and a beta of 0.53.

About JPMorgan Equity Premium Income ETF

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.