Mutual Advisors LLC Increases Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Mutual Advisors LLC boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 109,910 shares of the company’s stock after buying an additional 8,668 shares during the period. Mutual Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,528,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Woodmont Investment Counsel LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter valued at $130,000. Valley National Advisers Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 43.5% during the first quarter. Valley National Advisers Inc. now owns 1,059 shares of the company’s stock valued at $61,000 after buying an additional 321 shares during the period. Kovack Advisors Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 92.5% in the first quarter. Kovack Advisors Inc. now owns 56,055 shares of the company’s stock worth $3,243,000 after buying an additional 26,930 shares in the last quarter. Advisor Resource Council bought a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $674,000. Finally, Financial Perspectives Inc boosted its position in shares of JPMorgan Equity Premium Income ETF by 6.7% in the first quarter. Financial Perspectives Inc now owns 3,384 shares of the company’s stock valued at $196,000 after acquiring an additional 212 shares during the period.

JPMorgan Equity Premium Income ETF Trading Down 0.2 %

JPMorgan Equity Premium Income ETF stock opened at $59.23 on Wednesday. JPMorgan Equity Premium Income ETF has a 1-year low of $51.74 and a 1-year high of $59.97. The firm has a market capitalization of $34.76 billion, a PE ratio of 24.40 and a beta of 0.53. The firm’s 50 day simple moving average is $58.93 and its 200 day simple moving average is $57.39.

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.