Strategic Financial Concepts LLC Has $1.22 Million Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Strategic Financial Concepts LLC decreased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,429 shares of the company’s stock after selling 1,358 shares during the period. Strategic Financial Concepts LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,218,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Kingstone Capital Partners Texas LLC raised its holdings in JPMorgan Equity Premium Income ETF by 387,324.3% during the second quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock worth $22,736,908,000 after buying an additional 401,771,477 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in JPMorgan Equity Premium Income ETF by 35.9% during the first quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock worth $1,609,887,000 after buying an additional 7,443,750 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 17.4% during the second quarter. Envestnet Asset Management Inc. now owns 8,939,325 shares of the company’s stock worth $508,201,000 after buying an additional 1,327,996 shares during the last quarter. Royal Bank of Canada raised its holdings in JPMorgan Equity Premium Income ETF by 10.5% during the first quarter. Royal Bank of Canada now owns 8,119,139 shares of the company’s stock worth $463,927,000 after buying an additional 772,858 shares during the last quarter. Finally, Nationwide Fund Advisors bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth $396,998,000.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $56.88 on Friday. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $60.88. The firm has a market cap of $40.72 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. The company has a fifty day moving average price of $56.94 and a 200-day moving average price of $56.38.

About JPMorgan Equity Premium Income ETF

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.