JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Purchased by Prosperity Financial Group Inc.

Prosperity Financial Group Inc. boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 44,386 shares of the company’s stock after buying an additional 1,234 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for about 1.3% of Prosperity Financial Group Inc.’s investment portfolio, making the stock its 23rd largest position. Prosperity Financial Group Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $2,554,000 as of its most recent filing with the SEC.

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 18.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after purchasing an additional 3,536,406 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at $322,301,000. HighTower Advisors LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 2.4% in the 3rd quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock valued at $212,643,000 after purchasing an additional 83,858 shares during the last quarter. MML Investors Services LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 16.9% in the 3rd quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock valued at $155,331,000 after purchasing an additional 376,400 shares during the last quarter. Finally, Stifel Financial Corp lifted its stake in shares of JPMorgan Equity Premium Income ETF by 7.0% in the 3rd quarter. Stifel Financial Corp now owns 2,088,400 shares of the company’s stock valued at $124,281,000 after purchasing an additional 136,138 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $56.75 on Wednesday. The firm has a market cap of $37.94 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The firm has a fifty day moving average price of $58.57 and a two-hundred day moving average price of $58.97.

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.