SevenBridge Financial Group LLC Buys 1,199 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

SevenBridge Financial Group LLC lifted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,470 shares of the company’s stock after acquiring an additional 1,199 shares during the quarter. SevenBridge Financial Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,354,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Salomon & Ludwin LLC purchased a new position in JPMorgan Equity Premium Income ETF in the third quarter worth $25,000. HHM Wealth Advisors LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $28,000. Beaird Harris Wealth Management LLC bought a new position in JPMorgan Equity Premium Income ETF during the first quarter valued at about $38,000. Running Point Capital Advisors LLC increased its holdings in JPMorgan Equity Premium Income ETF by 131.2% during the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after buying an additional 362 shares during the last quarter. Finally, Centerpoint Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the second quarter worth about $43,000.

JPMorgan Equity Premium Income ETF Stock Up 0.4 %

JEPI opened at $60.16 on Friday. JPMorgan Equity Premium Income ETF has a twelve month low of $54.27 and a twelve month high of $60.20. The company’s 50-day moving average price is $59.36 and its two-hundred day moving average price is $57.82. The stock has a market cap of $35.30 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.