Lewis Asset Management LLC Has $923,000 Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Lewis Asset Management LLC decreased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.7% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 15,506 shares of the company’s stock after selling 943 shares during the period. Lewis Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $923,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Raymond James & Associates boosted its position in JPMorgan Equity Premium Income ETF by 22.2% during the 2nd quarter. Raymond James & Associates now owns 2,421,638 shares of the company’s stock worth $137,258,000 after acquiring an additional 439,155 shares during the period. Marshall Financial Group LLC lifted its position 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 buying an additional 63,018 shares in the last quarter. Sequoia Financial Advisors LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 39.5% during the 2nd 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 during the period. Heritage Wealth Management Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $978,000. Finally, Summit Wealth Partners LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 1.3% in the second quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock worth $4,360,000 after acquiring an additional 957 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $59.67 on Friday. The company has a market capitalization of $35.01 billion, a PE ratio of 24.40 and a beta of 0.53. The business has a 50-day moving average of $59.04 and a 200-day moving average of $57.53. JPMorgan Equity Premium Income ETF has a fifty-two week low of $53.33 and a fifty-two week high of $59.97.

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.