Bright Futures Wealth Management LLC. Takes Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Bright Futures Wealth Management LLC. purchased a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 4,700 shares of the company’s stock, valued at approximately $267,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. EverSource Wealth Advisors LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 8.4% in the first quarter. EverSource Wealth Advisors LLC now owns 97,790 shares of the company’s stock worth $5,469,000 after purchasing an additional 7,593 shares during the period. Objective Capital Management LLC bought a new stake in JPMorgan Equity Premium Income ETF in the first quarter worth about $219,000. Verity Asset Management Inc. raised its position in JPMorgan Equity Premium Income ETF by 7.0% in the first quarter. Verity Asset Management Inc. now owns 200,272 shares of the company’s stock worth $11,588,000 after acquiring an additional 13,075 shares in the last quarter. Cetera Advisor Networks LLC raised its position in JPMorgan Equity Premium Income ETF by 3.2% in the first quarter. Cetera Advisor Networks LLC now owns 2,136,341 shares of the company’s stock worth $123,609,000 after acquiring an additional 66,401 shares in the last quarter. Finally, Cetera Advisors LLC raised its position in JPMorgan Equity Premium Income ETF by 20.5% in the first quarter. Cetera Advisors LLC now owns 1,108,575 shares of the company’s stock worth $64,142,000 after acquiring an additional 188,529 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 1.1 %

JPMorgan Equity Premium Income ETF stock traded down $0.63 during midday trading on Friday, hitting $56.37. The company’s stock had a trading volume of 6,734,474 shares, compared to its average volume of 3,268,615. The stock’s 50-day moving average price is $56.60 and its 200-day moving average price is $56.59. The company has a market capitalization of $33.08 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12 month low of $51.38 and a 12 month high of $57.94.

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.