JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Purchased by Parcion Private Wealth LLC

Parcion Private Wealth LLC raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.9% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 291,864 shares of the company’s stock after acquiring an additional 23,834 shares during the period. JPMorgan Equity Premium Income ETF makes up 1.5% of Parcion Private Wealth LLC’s investment portfolio, making the stock its 13th largest position. Parcion Private Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $16,543,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Larson Financial Group LLC raised its stake in 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 worth $32,000 after acquiring an additional 314 shares in the last quarter. Burkett Financial Services LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the first quarter worth about $35,000. Morris Financial Concepts Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 114.1% during the first quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock worth $36,000 after purchasing an additional 331 shares in the last quarter. Beaird Harris Wealth Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at about $38,000. Finally, Whittier Trust Co. of Nevada Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 105.2% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 716 shares of the company’s stock valued at $41,000 after purchasing an additional 367 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.7 %

NYSEARCA:JEPI traded down $0.40 during mid-day trading on Friday, reaching $57.53. 3,309,433 shares of the stock were exchanged, compared to its average volume of 3,230,208. The stock has a market capitalization of $33.76 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1 year low of $51.38 and a 1 year high of $58.85. The company has a 50 day simple moving average of $57.06 and a 200-day simple moving average of $56.85.

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.