Avidian Wealth Enterprises LLC Boosts Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Avidian Wealth Enterprises LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 15.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,616 shares of the company’s stock after buying an additional 1,839 shares during the period. Avidian Wealth Enterprises LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $810,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the business. Cetera Investment Advisers boosted its holdings in JPMorgan Equity Premium Income ETF by 406.2% in the first quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock valued at $239,292,000 after purchasing an additional 3,318,702 shares in the last quarter. Strategic Financial Concepts LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 6,254.5% in the 2nd 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 in the last quarter. JPMorgan Chase & Co. grew its position in shares of JPMorgan Equity Premium Income ETF by 3.8% in the 1st quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock valued at $1,274,807,000 after buying an additional 815,598 shares during the last quarter. First Foundation Advisors raised its stake in JPMorgan Equity Premium Income ETF by 91.9% during the 1st quarter. First Foundation Advisors now owns 1,203,095 shares of the company’s stock worth $69,611,000 after acquiring an additional 576,068 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at $31,505,000.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $59.52 on Thursday. The company has a fifty day moving average of $58.99 and a two-hundred day moving average of $57.51. JPMorgan Equity Premium Income ETF has a 1 year low of $53.33 and a 1 year high of $59.97. The company has a market capitalization of $34.93 billion, a PE ratio of 24.40 and a beta of 0.53.

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.