Money Concepts Capital Corp Raises Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Money Concepts Capital Corp lifted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 59,380 shares of the company’s stock after acquiring an additional 3,863 shares during the period. Money Concepts Capital Corp’s holdings in JPMorgan Equity Premium Income ETF were worth $3,416,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of JEPI. JPMorgan Chase & Co. increased its stake in JPMorgan Equity Premium Income ETF by 18.8% in the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after purchasing an additional 3,536,406 shares during the period. Commonwealth Equity Services LLC increased its position in JPMorgan Equity Premium Income ETF by 8.4% in the 3rd quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock valued at $218,105,000 after acquiring an additional 285,180 shares during the period. HighTower Advisors LLC raised its stake in JPMorgan Equity Premium Income ETF by 2.4% during the 3rd 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. MML Investors Services LLC lifted its position in JPMorgan Equity Premium Income ETF by 16.9% during the 3rd quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock worth $155,331,000 after acquiring an additional 376,400 shares during the period. Finally, Stifel Financial Corp grew its stake in shares of JPMorgan Equity Premium Income ETF by 7.0% in the 3rd quarter. Stifel Financial Corp now owns 2,088,400 shares of the company’s stock valued at $124,281,000 after purchasing an additional 136,138 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $58.62 on Wednesday. The stock has a fifty day moving average price of $58.78 and a 200 day moving average price of $58.63. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88. The company has a market cap of $34.40 billion, a PE 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.