JPMorgan Equity Premium Income ETF $JEPI Stake Increased by Teamwork Financial Advisors LLC

Teamwork Financial Advisors LLC increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 20.5% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 907,939 shares of the company’s stock after purchasing an additional 154,252 shares during the period. JPMorgan Equity Premium Income ETF accounts for 6.0% of Teamwork Financial Advisors LLC’s investment portfolio, making the stock its 2nd largest position. Teamwork Financial Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $51,617,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in JEPI. Mather Group LLC. purchased a new stake in JPMorgan Equity Premium Income ETF during the 1st quarter worth about $25,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 1st quarter worth about $29,000. Millstone Evans Group LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 1st quarter worth about $29,000. Arlington Trust Co LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 140.0% during the 1st quarter. Arlington Trust Co LLC now owns 600 shares of the company’s stock worth $34,000 after purchasing an additional 350 shares in the last quarter. Finally, Global Wealth Strategies & Associates purchased a new stake in JPMorgan Equity Premium Income ETF during the 1st quarter worth about $36,000.

JPMorgan Equity Premium Income ETF Stock Down 0.6%

Shares of NYSEARCA JEPI opened at $56.90 on Friday. The firm has a market capitalization of $41.06 billion, a P/E ratio of 23.93 and a beta of 0.62. The stock’s 50-day simple moving average is $56.77 and its two-hundred day simple moving average is $56.22. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month high of $60.88.

JPMorgan Equity Premium Income ETF Company 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.