JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Purchased by LPL Financial LLC

LPL Financial LLC grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 17.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,229,146 shares of the company’s stock after purchasing an additional 328,903 shares during the quarter. LPL Financial LLC owned approximately 0.38% of JPMorgan Equity Premium Income ETF worth $128,243,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Mosley Wealth Management grew its position in shares of JPMorgan Equity Premium Income ETF by 2.9% in the 4th quarter. Mosley Wealth Management now owns 230,152 shares of the company’s stock valued at $13,565,000 after buying an additional 6,548 shares during the last quarter. Sfmg LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 2.7% during the fourth quarter. Sfmg LLC now owns 226,778 shares of the company’s stock worth $13,047,000 after purchasing an additional 5,876 shares during the last quarter. Forefront Wealth Management Inc. acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth about $6,802,000. ZEGA Investments LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $2,038,000. Finally, Wealth Advisors of Iowa LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 4.2% in the 4th quarter. Wealth Advisors of Iowa LLC now owns 242,254 shares of the company’s stock valued at $13,937,000 after purchasing an additional 9,754 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 1.2 %

JEPI opened at $57.79 on Tuesday. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88. The business’s 50 day moving average is $58.47 and its two-hundred day moving average is $58.89. The firm has a market cap of $39.51 billion, a price-to-earnings 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.