EP Wealth Advisors LLC Buys 18,879 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

EP Wealth Advisors LLC boosted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 844.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,114 shares of the company’s stock after purchasing an additional 18,879 shares during the quarter. EP Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,222,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Fluent Financial LLC boosted its stake in JPMorgan Equity Premium Income ETF by 4.2% in the 1st quarter. Fluent Financial LLC now owns 4,467 shares of the company’s stock worth $258,000 after purchasing an additional 181 shares during the period. Paragon Private Wealth Management LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 2.3% during the 4th quarter. Paragon Private Wealth Management LLC now owns 8,628 shares of the company’s stock valued at $474,000 after acquiring an additional 196 shares during the last quarter. Raleigh Capital Management Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 21.6% during the 4th quarter. Raleigh Capital Management Inc. now owns 1,126 shares of the company’s stock valued at $62,000 after acquiring an additional 200 shares during the last quarter. Salem Investment Counselors Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 17.5% during the 1st quarter. Salem Investment Counselors Inc. now owns 1,342 shares of the company’s stock valued at $78,000 after acquiring an additional 200 shares during the last quarter. Finally, Penbrook Management LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 4.0% during the 1st quarter. Penbrook Management LLC now owns 5,150 shares of the company’s stock valued at $298,000 after acquiring an additional 200 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 1.1 %

Shares of JEPI traded up $0.64 during trading hours on Friday, reaching $56.96. 2,669,204 shares of the company’s stock traded hands, compared to its average volume of 3,237,032. The stock has a market cap of $33.43 billion, a PE ratio of 24.40 and a beta of 0.53. The firm’s 50 day simple moving average is $56.61 and its 200-day simple moving average is $56.52. JPMorgan Equity Premium Income ETF has a 12 month low of $51.38 and a 12 month high of $57.94.

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.