Prosperity Financial Group Inc. Buys 1,234 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Prosperity Financial Group Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.9% in the 4th quarter, Holdings Channel reports. The fund owned 44,386 shares of the company’s stock after acquiring an additional 1,234 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for approximately 1.3% of Prosperity Financial Group Inc.’s investment portfolio, making the stock its 23rd biggest position. Prosperity Financial Group Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $2,554,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. US Bancorp DE grew its position in JPMorgan Equity Premium Income ETF by 28.0% in the fourth quarter. US Bancorp DE now owns 28,673 shares of the company’s stock valued at $1,650,000 after purchasing an additional 6,273 shares in the last quarter. Clarity Wealth Advisors LLC lifted its stake in JPMorgan Equity Premium Income ETF by 0.7% in the fourth quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock valued at $3,204,000 after acquiring an additional 401 shares during the last quarter. Tandem Financial LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at $757,000. Citigroup Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 51.8% in the third quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock valued at $8,797,000 after acquiring an additional 50,459 shares during the last quarter. Finally, First Horizon Advisors Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 223.8% in the fourth quarter. First Horizon Advisors Inc. now owns 5,961 shares of the company’s stock valued at $343,000 after acquiring an additional 4,120 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock opened at $56.75 on Wednesday. The stock has a market cap of $37.94 billion, a P/E ratio of 25.75 and a beta of 0.61. The company has a fifty day moving average price of $58.57 and a two-hundred day moving average price of $58.97. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88.

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.