JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stake Boosted by Bouvel Investment Partners LLC

Bouvel Investment Partners LLC boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.2% in the third quarter, HoldingsChannel.com reports. The firm owned 178,840 shares of the company’s stock after acquiring an additional 279 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 3.9% of Bouvel Investment Partners LLC’s investment portfolio, making the stock its 3rd biggest holding. Bouvel Investment Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,643,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Cetera Investment Advisers grew its holdings in JPMorgan Equity Premium Income ETF by 406.2% during the first quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock worth $239,292,000 after acquiring an additional 3,318,702 shares during the period. Strategic Financial Concepts LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 6,254.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock valued at $595,000 after purchasing an additional 1,032,746 shares during the period. JPMorgan Chase & Co. boosted its holdings in JPMorgan Equity Premium Income ETF by 3.8% during 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 in the last quarter. First Foundation Advisors grew its position in JPMorgan Equity Premium Income ETF by 91.9% during the first quarter. First Foundation Advisors now owns 1,203,095 shares of the company’s stock valued at $69,611,000 after buying an additional 576,068 shares during the period. Finally, Sanctuary Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF in the second quarter valued at $31,505,000.

JPMorgan Equity Premium Income ETF Stock Up 0.1 %

JEPI stock opened at $60.02 on Thursday. JPMorgan Equity Premium Income ETF has a 52-week low of $54.10 and a 52-week high of $60.20. The company’s 50-day simple moving average is $59.16 and its 200-day simple moving average is $57.65. The firm has a market cap of $35.22 billion, a P/E 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.