JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) is Thoroughbred Financial Services LLC’s 9th Largest Position

Thoroughbred Financial Services LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.5% during the second quarter, Holdings Channel reports. The fund owned 346,714 shares of the company’s stock after purchasing an additional 27,172 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 1.3% of Thoroughbred Financial Services LLC’s investment portfolio, making the stock its 9th largest holding. Thoroughbred Financial Services LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $19,651,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in JPMorgan Equity Premium Income ETF by 3.8% during the 1st quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock worth $1,274,807,000 after acquiring an additional 815,598 shares in the last quarter. Global Assets Advisory LLC grew its stake in JPMorgan Equity Premium Income ETF by 5,858.1% in the first quarter. Global Assets Advisory LLC now owns 6,165,296 shares of the company’s stock worth $356,724,000 after purchasing an additional 6,061,819 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 5.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 5,836,775 shares of the company’s stock valued at $320,906,000 after buying an additional 315,588 shares during the last quarter. Cetera Investment Advisers raised its stake in JPMorgan Equity Premium Income ETF by 406.2% during the first quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock valued at $239,292,000 after buying an additional 3,318,702 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in JPMorgan Equity Premium Income ETF by 14.6% during the second quarter. Commonwealth Equity Services LLC now owns 3,379,837 shares of the company’s stock valued at $191,569,000 after buying an additional 430,134 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.5 %

Shares of NYSEARCA JEPI opened at $58.81 on Friday. The company has a market capitalization of $34.51 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a twelve month low of $51.38 and a twelve month high of $58.88. The business has a 50 day simple moving average of $57.28 and a 200-day simple moving average of $56.91.

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.