Farther Finance Advisors LLC Increases Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Farther Finance Advisors LLC grew its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 41,840 shares of the company’s stock after purchasing an additional 3,029 shares during the quarter. Farther Finance Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,407,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in JEPI. Assetmark Inc. increased its position in JPMorgan Equity Premium Income ETF by 2.4% during the third quarter. Assetmark Inc. now owns 69,248 shares of the company’s stock worth $4,121,000 after buying an additional 1,637 shares during the period. WealthPLAN Partners LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 12.2% in the 3rd quarter. WealthPLAN Partners LLC now owns 6,285 shares of the company’s stock valued at $374,000 after acquiring an additional 682 shares during the period. Platform Technology Partners raised its position in JPMorgan Equity Premium Income ETF by 21.0% in the 3rd quarter. Platform Technology Partners now owns 5,359 shares of the company’s stock valued at $319,000 after purchasing an additional 929 shares during the last quarter. Moser Wealth Advisors LLC raised its position in JPMorgan Equity Premium Income ETF by 13.4% in the 3rd quarter. Moser Wealth Advisors LLC now owns 44,725 shares of the company’s stock valued at $2,662,000 after purchasing an additional 5,280 shares during the last quarter. Finally, Oppenheimer & Co. Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 18.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 154,498 shares of the company’s stock worth $9,194,000 after purchasing an additional 23,952 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $56.69 on Thursday. The firm’s fifty day moving average is $58.55 and its two-hundred day moving average is $58.95. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88. The firm has a market cap of $37.90 billion, a PE ratio of 25.75 and a beta of 0.61.

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.