Ausdal Financial Partners Inc. Has $3.41 Million Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Ausdal Financial Partners Inc. boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 78.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 59,278 shares of the company’s stock after purchasing an additional 25,998 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $3,410,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Raymond James Financial Inc. acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $322,301,000. JPMorgan Chase & Co. grew its stake in JPMorgan Equity Premium Income ETF by 18.8% in the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after acquiring an additional 3,536,406 shares during the period. Strategic Financial Concepts LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 4,498.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,301,762 shares of the company’s stock valued at $74,890,000 after acquiring an additional 1,273,452 shares in the last quarter. Eaton Financial Holdings Company LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter worth approximately $51,202,000. Finally, World Investment Advisors LLC lifted its holdings 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 purchasing an additional 711,094 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.2 %

JPMorgan Equity Premium Income ETF stock opened at $57.65 on Wednesday. The firm’s fifty day moving average price is $58.48 and its two-hundred day moving average price is $58.89. The firm has a market capitalization of $39.41 billion, a price-to-earnings ratio of 24.79 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88.

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.