Ausdal Financial Partners Inc. Grows Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Ausdal Financial Partners Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 78.1% during the 4th quarter, HoldingsChannel reports. The fund owned 59,278 shares of the company’s stock after buying an additional 25,998 shares during the period. Ausdal Financial Partners Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $3,410,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its position in shares of JPMorgan Equity Premium Income ETF by 18.8% during the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after buying an additional 3,536,406 shares during the period. Raymond James Financial Inc. purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $322,301,000. Commonwealth Equity Services LLC increased its holdings 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 acquiring an additional 459,845 shares during the period. HighTower Advisors LLC lifted its stake in JPMorgan Equity Premium Income ETF by 3.0% in the 4th quarter. HighTower Advisors LLC now owns 3,682,072 shares of the company’s stock worth $211,830,000 after purchasing an additional 108,546 shares in the last quarter. Finally, MML Investors Services LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 16.9% in the 3rd quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock valued at $155,331,000 after purchasing an additional 376,400 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.2 %

JPMorgan Equity Premium Income ETF stock opened at $57.65 on Wednesday. The stock has a market cap of $39.41 billion, a price-to-earnings ratio of 24.79 and a beta of 0.61. The business has a 50-day simple moving average of $58.48 and a 200 day simple moving average of $58.89. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week 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.