Brown Financial Advisors Has $3.63 Million Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Brown Financial Advisors grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 61,007 shares of the company’s stock after buying an additional 3,435 shares during the period. JPMorgan Equity Premium Income ETF accounts for about 1.5% of Brown Financial Advisors’ portfolio, making the stock its 17th biggest holding. Brown Financial Advisors’ holdings in JPMorgan Equity Premium Income ETF were worth $3,631,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in JEPI. Mattern Wealth Management LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 2.2% in the third quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock valued at $480,000 after purchasing an additional 174 shares during the last quarter. Empirical Asset Management LLC raised its holdings in JPMorgan Equity Premium Income ETF by 4.0% in the 3rd quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock valued at $278,000 after acquiring an additional 179 shares during the period. FSC Wealth Advisors LLC lifted its position in JPMorgan Equity Premium Income ETF by 2.9% during the second quarter. FSC Wealth Advisors LLC now owns 6,774 shares of the company’s stock worth $384,000 after acquiring an additional 188 shares during the last quarter. Hixon Zuercher LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 3.7% during the second quarter. Hixon Zuercher LLC now owns 5,336 shares of the company’s stock worth $302,000 after acquiring an additional 190 shares during the period. Finally, Aviance Capital Partners LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 1.1% in the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock valued at $1,030,000 after purchasing an additional 194 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.4 %

NYSEARCA:JEPI opened at $59.67 on Tuesday. The stock has a 50 day simple moving average of $59.61 and a 200 day simple moving average of $58.07. JPMorgan Equity Premium Income ETF has a 1-year low of $54.42 and a 1-year high of $60.88. The stock has a market cap of $35.02 billion, a P/E ratio of 24.40 and a beta of 0.53.

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.