Prospera Financial Services Inc Increases Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Prospera Financial Services Inc increased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 440,590 shares of the company’s stock after acquiring an additional 8,584 shares during the period. JPMorgan Equity Premium Income ETF makes up about 0.7% of Prospera Financial Services Inc’s portfolio, making the stock its 22nd biggest holding. Prospera Financial Services Inc owned about 0.08% of JPMorgan Equity Premium Income ETF worth $26,225,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in JEPI. Cetera Investment Advisers boosted its holdings in JPMorgan Equity Premium Income ETF by 406.2% in the first quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock valued at $239,292,000 after purchasing an additional 3,318,702 shares during the last quarter. Strategic Financial Concepts LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 6,254.5% during 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 in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at $31,505,000. Envestnet Asset Management Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 8.2% during 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 in the last quarter. Finally, CWM LLC grew its position in JPMorgan Equity Premium Income ETF by 44.3% during the second quarter. CWM LLC now owns 1,739,888 shares of the company’s stock valued at $98,617,000 after buying an additional 534,547 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 0.3 %

NYSEARCA:JEPI opened at $59.43 on Tuesday. The stock has a market capitalization of $34.88 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52 week low of $54.20 and a 52 week high of $60.20. The stock’s 50-day moving average price is $59.26 and its 200-day moving average price is $57.74.

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.