JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Acquired by Focus Financial Network Inc.

Focus Financial Network Inc. grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 36.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 53,476 shares of the company’s stock after acquiring an additional 14,387 shares during the period. Focus Financial Network Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $3,097,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of JEPI. Clarity Wealth Advisors LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 0.7% during the 4th quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock worth $3,204,000 after purchasing an additional 401 shares during the last quarter. Tandem Financial LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $757,000. Citigroup Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 51.8% during the 3rd quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock worth $8,797,000 after purchasing an additional 50,459 shares during the last quarter. Accurate Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $215,000. Finally, Whittier Trust Co. purchased a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at about $108,000.

JPMorgan Equity Premium Income ETF Trading Up 0.2 %

Shares of NYSEARCA JEPI opened at $59.20 on Wednesday. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month high of $60.88. The stock has a market cap of $34.74 billion, a PE ratio of 24.40 and a beta of 0.53. The company has a 50-day moving average of $58.63 and a 200 day moving average of $58.71.

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.