Advisory Resource Group Sells 1,738 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Advisory Resource Group cut its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 192,693 shares of the company’s stock after selling 1,738 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 2.4% of Advisory Resource Group’s investment portfolio, making the stock its 7th largest holding. Advisory Resource Group’s holdings in JPMorgan Equity Premium Income ETF were worth $11,467,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of JEPI. Sequoia Financial Advisors LLC raised its holdings in 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 worth $906,000 after buying an additional 4,524 shares during the period. Great Valley Advisor Group Inc. raised its stake in JPMorgan Equity Premium Income ETF by 4.9% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 47,258 shares of the company’s stock valued at $2,678,000 after acquiring an additional 2,195 shares during the period. Envestnet Portfolio Solutions Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 18.5% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 144,444 shares of the company’s stock valued at $8,187,000 after purchasing an additional 22,533 shares during the last quarter. Cobblestone Asset Management LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 33.9% during the 2nd quarter. Cobblestone Asset Management LLC now owns 149,482 shares of the company’s stock worth $8,473,000 after buying an additional 37,849 shares during the period. Finally, First PREMIER Bank grew its stake in JPMorgan Equity Premium Income ETF by 25.7% in the 2nd quarter. First PREMIER Bank now owns 40,834 shares of the company’s stock valued at $2,314,000 after buying an additional 8,350 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.1 %

Shares of NYSEARCA:JEPI opened at $59.72 on Wednesday. JPMorgan Equity Premium Income ETF has a 12-month low of $54.62 and a 12-month high of $60.88. The business has a 50 day moving average of $59.62 and a 200-day moving average of $58.09. The stock has a market cap of $35.05 billion, a PE 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.