JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Purchased by Farther Finance Advisors LLC

Farther Finance Advisors LLC raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 41,840 shares of the company’s stock after acquiring an additional 3,029 shares during the quarter. Farther Finance Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,407,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Consolidated Planning Corp boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 0.5% in the fourth quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock valued at $1,931,000 after acquiring an additional 179 shares in the last quarter. Landmark Wealth Management LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 5.1% in the 4th quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock valued at $221,000 after purchasing an additional 185 shares in the last quarter. Aviance Capital Partners LLC increased its position in JPMorgan Equity Premium Income ETF by 1.1% during the 3rd quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock worth $1,030,000 after purchasing an additional 194 shares during the period. Fortis Advisors LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 2.0% during the 4th quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock worth $578,000 after buying an additional 196 shares in the last quarter. Finally, Beam Wealth Advisors Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 0.4% during the 4th quarter. Beam Wealth Advisors Inc. now owns 51,249 shares of the company’s stock worth $2,948,000 after buying an additional 196 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $56.69 on Thursday. The stock’s 50 day moving average price is $58.55 and its 200 day moving average price is $58.95. The company has a market cap of $37.90 billion, a PE ratio of 25.75 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year 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.