Heritage Wealth Management Inc. Buys 1,673 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Heritage Wealth Management Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.6% during the third quarter, HoldingsChannel.com reports. The firm owned 19,014 shares of the company’s stock after buying an additional 1,673 shares during the period. Heritage Wealth Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,132,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Raymond James & Associates increased its holdings in JPMorgan Equity Premium Income ETF by 22.2% in the 2nd quarter. Raymond James & Associates now owns 2,421,638 shares of the company’s stock worth $137,258,000 after buying an additional 439,155 shares during the period. Marshall Financial Group LLC raised its holdings in JPMorgan Equity Premium Income ETF by 132.0% in the 2nd quarter. Marshall Financial Group LLC now owns 110,766 shares of the company’s stock worth $6,278,000 after purchasing an additional 63,018 shares during the period. Sequoia Financial Advisors LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 39.5% in the second quarter. Sequoia Financial Advisors LLC now owns 15,980 shares of the company’s stock valued at $906,000 after buying an additional 4,524 shares in the last quarter. Summit Wealth Partners LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 1.3% during the 2nd quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock valued at $4,360,000 after buying an additional 957 shares in the last quarter. Finally, US Bancorp DE increased its holdings in JPMorgan Equity Premium Income ETF by 6.2% in the 1st quarter. US Bancorp DE now owns 13,457 shares of the company’s stock worth $779,000 after acquiring an additional 790 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.4 %

Shares of NYSEARCA JEPI traded up $0.22 during trading on Friday, hitting $59.89. The company had a trading volume of 358,616 shares, compared to its average volume of 3,129,917. JPMorgan Equity Premium Income ETF has a fifty-two week low of $53.33 and a fifty-two week high of $59.97. The stock has a fifty day simple moving average of $59.04 and a two-hundred day simple moving average of $57.53. The firm has a market capitalization of $35.15 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.