Resonant Capital Advisors LLC Grows Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Resonant Capital Advisors LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 139,545 shares of the company’s stock after purchasing an additional 7,546 shares during the quarter. Resonant Capital Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $8,304,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Global Trust Asset Management LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 146.8% in the first quarter. Global Trust Asset Management LLC now owns 1,513 shares of the company’s stock worth $88,000 after buying an additional 900 shares in the last quarter. Raymond James & Associates lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 22.2% in the second quarter. Raymond James & Associates now owns 2,421,638 shares of the company’s stock worth $137,258,000 after buying an additional 439,155 shares in the last quarter. Independence Bank of Kentucky lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 14.3% in the first quarter. Independence Bank of Kentucky now owns 13,290 shares of the company’s stock worth $769,000 after buying an additional 1,660 shares in the last quarter. Fiduciary Alliance LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the first quarter worth about $202,000. Finally, Marshall Financial Group LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 132.0% in the second quarter. Marshall Financial Group LLC now owns 110,766 shares of the company’s stock worth $6,278,000 after buying an additional 63,018 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.1 %

JEPI stock opened at $59.90 on Friday. The company’s 50 day moving average is $58.63 and its 200 day moving average is $57.27. The stock has a market cap of $35.15 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1-year low of $51.38 and a 1-year high of $59.97.

About JPMorgan Equity Premium Income ETF

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.