Stratos Wealth Partners LTD. Purchases 6,190 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Stratos Wealth Partners LTD. raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 12.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 54,396 shares of the company’s stock after purchasing an additional 6,190 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in JPMorgan Equity Premium Income ETF were worth $3,129,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Citigroup Inc. lifted its holdings in JPMorgan Equity Premium Income ETF by 51.8% during the 3rd quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock valued at $8,797,000 after buying an additional 50,459 shares in the last quarter. Accurate Wealth Management LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $215,000. Whittier Trust Co. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $108,000. Creative Planning boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 44.6% in the third quarter. Creative Planning now owns 139,002 shares of the company’s stock valued at $8,272,000 after purchasing an additional 42,854 shares during the period. Finally, Cornerstone Wealth Group LLC grew its stake in JPMorgan Equity Premium Income ETF by 1.7% in the third quarter. Cornerstone Wealth Group LLC now owns 75,109 shares of the company’s stock worth $4,470,000 after purchasing an additional 1,235 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.4 %

JEPI opened at $58.79 on Friday. The stock’s fifty day moving average is $58.68 and its two-hundred day moving average is $58.64. The company has a market capitalization of $34.50 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88.

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.