Ashton Thomas Securities LLC Grows Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Ashton Thomas Securities LLC boosted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 38.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 19,170 shares of the company’s stock after purchasing an additional 5,298 shares during the period. Ashton Thomas Securities LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,103,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its position 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 acquiring an additional 3,536,406 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $322,301,000. Commonwealth Equity Services LLC grew its stake in JPMorgan Equity Premium Income ETF by 12.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 4,124,862 shares of the company’s stock worth $237,303,000 after buying an additional 459,845 shares during the last quarter. HighTower Advisors LLC increased its position in JPMorgan Equity Premium Income ETF by 3.0% during the fourth quarter. HighTower Advisors LLC now owns 3,682,072 shares of the company’s stock worth $211,830,000 after buying an additional 108,546 shares during the period. Finally, MML Investors Services LLC lifted its stake in JPMorgan Equity Premium Income ETF by 16.9% in the third quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock valued at $155,331,000 after buying an additional 376,400 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 1.2 %

Shares of JEPI opened at $57.79 on Tuesday. The company’s 50 day simple moving average is $58.47 and its 200-day simple moving average is $58.89. The firm has a market cap of $39.51 billion, a PE ratio of 24.79 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month 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.