JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Purchased by Steele Capital Management Inc.

Steele Capital Management Inc. increased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 331,562 shares of the company’s stock after buying an additional 6,853 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 1.0% of Steele Capital Management Inc.’s holdings, making the stock its 24th biggest holding. Steele Capital Management Inc. owned about 0.06% of JPMorgan Equity Premium Income ETF worth $19,731,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in JEPI. Cetera Investment Advisers raised its stake in shares of JPMorgan Equity Premium Income ETF by 406.2% in the 1st quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock worth $239,292,000 after buying an additional 3,318,702 shares in the last quarter. Strategic Financial Concepts LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 6,254.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock valued at $595,000 after purchasing an additional 1,032,746 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter worth $31,505,000. Envestnet Asset Management Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 8.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 7,104,167 shares of the company’s stock valued at $402,664,000 after purchasing an additional 539,682 shares during the period. Finally, CWM LLC grew its position in JPMorgan Equity Premium Income ETF by 44.3% in the 2nd quarter. CWM LLC now owns 1,739,888 shares of the company’s stock worth $98,617,000 after purchasing an additional 534,547 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.1 %

Shares of JEPI opened at $59.46 on Thursday. JPMorgan Equity Premium Income ETF has a 12 month low of $54.27 and a 12 month high of $60.20. The stock has a market cap of $34.89 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The company has a 50-day moving average price of $59.31 and a two-hundred day moving average price of $57.77.

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.