JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Purchased by Crescent Grove Advisors LLC

Crescent Grove Advisors LLC boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 26,825 shares of the company’s stock after buying an additional 1,379 shares during the quarter. Crescent Grove Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,596,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its position in JPMorgan Equity Premium Income ETF by 3.8% in the first quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock worth $1,274,807,000 after buying an additional 815,598 shares during the last quarter. Envestnet Asset Management Inc. grew its position in JPMorgan Equity Premium Income ETF by 8.2% in the second quarter. Envestnet Asset Management Inc. now owns 7,104,167 shares of the company’s stock worth $402,664,000 after buying an additional 539,682 shares during the last quarter. Cetera Investment Advisers grew its position in JPMorgan Equity Premium Income ETF by 1.3% in the second quarter. Cetera Investment Advisers now owns 4,188,012 shares of the company’s stock worth $237,377,000 after buying an additional 52,301 shares during the last quarter. Commonwealth Equity Services LLC grew its position in JPMorgan Equity Premium Income ETF by 8.4% in the third quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock worth $218,105,000 after buying an additional 285,180 shares during the last quarter. Finally, RiverFront Investment Group LLC grew its position in JPMorgan Equity Premium Income ETF by 5.9% during the 2nd quarter. RiverFront Investment Group LLC now owns 3,005,845 shares of the company’s stock worth $170,371,000 after purchasing an additional 166,821 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $58.89 on Wednesday. JPMorgan Equity Premium Income ETF has a twelve month low of $53.33 and a twelve month high of $59.97. The stock has a market cap of $34.56 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The firm’s 50 day moving average price is $58.98 and its two-hundred day moving average price is $57.48.

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.