JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Bought by Focus Financial Network Inc.

Focus Financial Network Inc. boosted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 13.1% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 36,155 shares of the company’s stock after purchasing an additional 4,182 shares during the period. Focus Financial Network Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $2,073,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Larson Financial Group LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 129.8% during the 1st quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after acquiring an additional 314 shares during the period. Burkett Financial Services LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter valued at about $35,000. Capital Advisors Ltd. LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 79.3% during the 4th quarter. Capital Advisors Ltd. LLC now owns 658 shares of the company’s stock valued at $36,000 after acquiring an additional 291 shares during the period. Morris Financial Concepts Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 114.1% during the 1st quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock valued at $36,000 after acquiring an additional 331 shares during the period. Finally, Beaird Harris Wealth Management LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter valued at about $38,000.

JPMorgan Equity Premium Income ETF Stock Up 0.1 %

Shares of NYSEARCA:JEPI traded up $0.07 during trading on Wednesday, reaching $57.91. 1,051,515 shares of the company’s stock traded hands, compared to its average volume of 3,264,149. JPMorgan Equity Premium Income ETF has a fifty-two week low of $51.38 and a fifty-two week high of $58.03. The firm has a market cap of $33.98 billion, a PE ratio of 24.40 and a beta of 0.53. The company has a 50-day simple moving average of $56.62 and a 200-day simple moving average of $56.67.

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.