Destiny Wealth Partners LLC Boosts Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Destiny Wealth Partners LLC raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 114,399 shares of the company’s stock after purchasing an additional 5,395 shares during the period. Destiny Wealth Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,581,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JEPI. JPMorgan Chase & Co. increased its stake in 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 last quarter. Eaton Financial Holdings Company LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at approximately $51,202,000. World Investment Advisors LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 748.5% during the 3rd quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock valued at $47,971,000 after acquiring an additional 711,094 shares during the period. Marks Wealth LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at approximately $29,284,000. Finally, LPL Financial LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 28.0% during the 3rd quarter. LPL Financial LLC now owns 1,900,243 shares of the company’s stock valued at $113,083,000 after acquiring an additional 416,013 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.3 %

JPMorgan Equity Premium Income ETF stock opened at $58.97 on Friday. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month high of $60.88. The firm has a 50 day moving average price of $58.86 and a 200-day moving average price of $58.59. The company has a market capitalization of $34.61 billion, a P/E ratio of 24.40 and a beta of 0.53.

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.