Greater Midwest Financial Group LLC Has $4.81 Million Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Greater Midwest Financial Group LLC raised its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 20.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 83,552 shares of the company’s stock after acquiring an additional 14,118 shares during the quarter. JPMorgan Equity Premium Income ETF makes up approximately 3.0% of Greater Midwest Financial Group LLC’s holdings, making the stock its 9th largest position. Greater Midwest Financial Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,807,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in JEPI. JPMorgan Chase & Co. boosted its position in shares of JPMorgan Equity Premium Income ETF by 18.8% during the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after purchasing an additional 3,536,406 shares in the last quarter. Eaton Financial Holdings Company LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at $51,202,000. World Investment Advisors LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 748.5% in the 3rd quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock worth $47,971,000 after buying an additional 711,094 shares during the period. Sanctuary Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $31,505,000. Finally, Marks Wealth LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter worth about $29,284,000.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $59.14 on Friday. The firm has a market capitalization of $34.71 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88. The company’s 50-day simple moving average is $58.93 and its 200 day simple moving average is $58.48.

JPMorgan Equity Premium Income ETF 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.