Foundations Investment Advisors LLC Has $16.80 Million Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Foundations Investment Advisors LLC lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 282,319 shares of the company’s stock after acquiring an additional 17,084 shares during the quarter. Foundations Investment Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $16,801,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. HHM Wealth Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth approximately $28,000. Larson Financial Group LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 129.8% in the 1st quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock worth $32,000 after acquiring an additional 314 shares in the last quarter. Morris Financial Concepts Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 114.1% in the 1st quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock worth $36,000 after acquiring an additional 331 shares in the last quarter. Beaird Harris Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 1st quarter worth approximately $38,000. Finally, Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 105.2% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 716 shares of the company’s stock worth $41,000 after acquiring an additional 367 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $59.66 on Tuesday. The stock’s fifty day moving average price is $58.63 and its two-hundred day moving average price is $57.27. JPMorgan Equity Premium Income ETF has a 52-week low of $51.38 and a 52-week high of $59.97. The company has a market cap of $35.01 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.