54,024 Shares in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Acquired by Golden State Equity Partners

Golden State Equity Partners acquired a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 54,024 shares of the company’s stock, valued at approximately $3,062,000. JPMorgan Equity Premium Income ETF comprises 0.6% of Golden State Equity Partners’ investment portfolio, making the stock its 27th largest position.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Larson Financial Group LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 129.8% during the 1st quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after buying an additional 314 shares during the last quarter. Burkett Financial Services LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the first quarter valued at about $35,000. Morris Financial Concepts Inc. boosted its position in JPMorgan Equity Premium Income ETF by 114.1% during the first quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock worth $36,000 after purchasing an additional 331 shares during the period. Beaird Harris Wealth Management LLC bought a new position in JPMorgan Equity Premium Income ETF during the first quarter worth about $38,000. Finally, Whittier Trust Co. of Nevada Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF by 105.2% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 716 shares of the company’s stock worth $41,000 after purchasing an additional 367 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.5 %

Shares of NYSEARCA JEPI traded up $0.28 during midday trading on Friday, hitting $58.83. The company’s stock had a trading volume of 2,153,107 shares, compared to its average volume of 3,235,844. The stock has a fifty day moving average price of $56.93 and a 200 day moving average price of $56.78. The firm has a market capitalization of $34.52 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a one year low of $51.38 and a one year high of $58.85.

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.