JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) is Lowe Wealth Advisors LLC’s 10th Largest Position

Lowe Wealth Advisors LLC grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 109,975 shares of the company’s stock after acquiring an additional 8,798 shares during the quarter. JPMorgan Equity Premium Income ETF comprises about 2.7% of Lowe Wealth Advisors LLC’s investment portfolio, making the stock its 10th biggest holding. Lowe Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,327,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Choreo LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at about $759,000. Coldstream Capital Management Inc. raised its position in JPMorgan Equity Premium Income ETF by 61.6% in the second quarter. Coldstream Capital Management Inc. now owns 18,343 shares of the company’s stock worth $1,040,000 after acquiring an additional 6,989 shares during the period. HHM Wealth Advisors LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth $28,000. LPL Financial LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 3.3% in the 2nd quarter. LPL Financial LLC now owns 1,484,230 shares of the company’s stock worth $84,126,000 after purchasing an additional 47,371 shares in the last quarter. Finally, Montis Financial LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 522.2% in the second quarter. Montis Financial LLC now owns 56,220 shares of the company’s stock worth $3,187,000 after buying an additional 47,184 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI traded down $0.83 during mid-day trading on Friday, reaching $57.06. 5,888,848 shares of the company traded hands, compared to its average volume of 4,190,121. The company’s 50 day moving average price is $59.18 and its 200-day moving average price is $58.36. The firm has a market cap of $33.48 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52 week low of $54.72 and a 52 week high of $60.88.

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.