Diversified Portfolios Inc. Increases Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Diversified Portfolios Inc. increased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,858 shares of the company’s stock after acquiring an additional 388 shares during the quarter. Diversified Portfolios Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $797,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in shares of JPMorgan Equity Premium Income ETF by 18.8% in the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after purchasing an additional 3,536,406 shares during the period. Strategic Financial Concepts LLC lifted its stake in JPMorgan Equity Premium Income ETF by 4,498.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,301,762 shares of the company’s stock valued at $74,890,000 after buying an additional 1,273,452 shares in the last quarter. Eaton Financial Holdings Company LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter worth about $51,202,000. World Investment Advisors LLC increased its stake in 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 worth $47,971,000 after buying an additional 711,094 shares in the last quarter. Finally, Marks Wealth LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $29,284,000.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $59.20 on Wednesday. The stock’s 50 day simple moving average is $58.63 and its 200-day simple moving average is $58.71. The company has a market cap of $34.74 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88.

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.