Leverty Financial Group LLC Reduces Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Leverty Financial Group LLC decreased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 504,707 shares of the company’s stock after selling 5,939 shares during the period. JPMorgan Equity Premium Income ETF accounts for about 16.4% of Leverty Financial Group LLC’s investment portfolio, making the stock its 3rd biggest position. Leverty Financial Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $30,035,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Global Assets Advisory LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 5,858.1% in the 1st quarter. Global Assets Advisory LLC now owns 6,165,296 shares of the company’s stock valued at $356,724,000 after purchasing an additional 6,061,819 shares in the last quarter. Cetera Investment Advisers raised its position in shares of JPMorgan Equity Premium Income ETF by 406.2% in the 1st quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock worth $239,292,000 after acquiring an additional 3,318,702 shares in the last quarter. Strategic Financial Concepts LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 6,254.5% during the second quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock valued at $595,000 after buying an additional 1,032,746 shares during the last quarter. JPMorgan Chase & Co. lifted its position in JPMorgan Equity Premium Income ETF by 3.8% during the first quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock valued at $1,274,807,000 after acquiring an additional 815,598 shares during the last quarter. Finally, First Foundation Advisors boosted its stake in JPMorgan Equity Premium Income ETF by 91.9% in the first quarter. First Foundation Advisors now owns 1,203,095 shares of the company’s stock valued at $69,611,000 after acquiring an additional 576,068 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.1 %

Shares of JEPI stock opened at $59.84 on Friday. The company has a market cap of $35.11 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12-month low of $51.38 and a 12-month high of $59.91. The business’s fifty day simple moving average is $58.56 and its 200-day simple moving average is $57.25.

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.