JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Acquired by AdvisorNet Financial Inc

AdvisorNet Financial Inc increased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 33.3% in the 4th quarter, HoldingsChannel reports. The firm owned 114,094 shares of the company’s stock after purchasing an additional 28,478 shares during the period. AdvisorNet Financial Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $6,564,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 18.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after buying an additional 3,536,406 shares during the period. Cetera Investment Advisers lifted its holdings in JPMorgan Equity Premium Income ETF by 1.3% in the second quarter. Cetera Investment Advisers now owns 4,188,012 shares of the company’s stock valued at $237,377,000 after acquiring an additional 52,301 shares during the period. Commonwealth Equity Services LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 8.4% in the third quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock valued at $218,105,000 after acquiring an additional 285,180 shares during the period. HighTower Advisors LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 2.4% during the 3rd quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock worth $212,643,000 after purchasing an additional 83,858 shares in the last quarter. Finally, RiverFront Investment Group LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 5.9% during the 2nd quarter. RiverFront Investment Group LLC now owns 3,005,845 shares of the company’s stock worth $170,371,000 after purchasing an additional 166,821 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 0.4 %

Shares of JEPI opened at $57.27 on Tuesday. JPMorgan Equity Premium Income ETF has a 52-week low of $54.72 and a 52-week high of $60.88. The company has a 50-day simple moving average of $59.13 and a 200-day simple moving average of $58.39. The company has a market capitalization of $33.61 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.