Brady Martz Wealth Solutions LLC Buys Shares of 139,169 JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Brady Martz Wealth Solutions LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 139,169 shares of the company’s stock, valued at approximately $8,002,000. JPMorgan Equity Premium Income ETF accounts for about 1.9% of Brady Martz Wealth Solutions LLC’s portfolio, making the stock its 10th largest position.

Other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. lifted its stake in JPMorgan Equity Premium Income ETF by 18.8% during the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after purchasing an additional 3,536,406 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of JPMorgan Equity Premium Income ETF by 1.3% during the 2nd quarter. Cetera Investment Advisers now owns 4,188,012 shares of the company’s stock worth $237,377,000 after buying an additional 52,301 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 8.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock worth $218,105,000 after buying an additional 285,180 shares during the last quarter. HighTower Advisors LLC grew its position in JPMorgan Equity Premium Income ETF by 2.4% in the third quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock valued at $212,643,000 after acquiring an additional 83,858 shares during the last quarter. Finally, RiverFront Investment Group LLC raised its stake in JPMorgan Equity Premium Income ETF by 5.9% during the second quarter. RiverFront Investment Group LLC now owns 3,005,845 shares of the company’s stock worth $170,371,000 after acquiring an additional 166,821 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $58.50 on Friday. The company’s 50 day moving average price is $59.02 and its two-hundred day moving average price is $58.42. The firm has a market capitalization of $34.33 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88.

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.