Sfmg LLC Acquires 5,876 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Sfmg LLC raised its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 226,778 shares of the company’s stock after buying an additional 5,876 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 1.0% of Sfmg LLC’s holdings, making the stock its 14th largest position. Sfmg LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $13,047,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Commerce Bank lifted its position in shares of JPMorgan Equity Premium Income ETF by 73.4% during the third quarter. Commerce Bank now owns 7,961 shares of the company’s stock valued at $474,000 after purchasing an additional 3,371 shares in the last quarter. First Horizon Advisors Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 257.5% during the third quarter. First Horizon Advisors Inc. now owns 1,841 shares of the company’s stock valued at $110,000 after purchasing an additional 1,326 shares in the last quarter. LPL Financial LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 28.0% during the third quarter. LPL Financial LLC now owns 1,900,243 shares of the company’s stock valued at $113,083,000 after purchasing an additional 416,013 shares in the last quarter. L & S Advisors Inc lifted its position in shares of JPMorgan Equity Premium Income ETF by 2.7% during the third quarter. L & S Advisors Inc now owns 13,257 shares of the company’s stock valued at $789,000 after purchasing an additional 352 shares in the last quarter. Finally, Darden Wealth Group Inc lifted its position in shares of JPMorgan Equity Premium Income ETF by 39.9% during the third quarter. Darden Wealth Group Inc now owns 12,800 shares of the company’s stock valued at $762,000 after purchasing an additional 3,650 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $57.11 on Friday. The company’s 50-day moving average is $58.46 and its 200 day moving average is $58.88. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The firm has a market capitalization of $39.04 billion, a P/E ratio of 24.79 and a beta of 0.61.

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.