JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Acquired by Mayflower Financial Advisors LLC

Mayflower Financial Advisors LLC raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,475 shares of the company’s stock after buying an additional 1,336 shares during the period. Mayflower Financial Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,811,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in JPMorgan Equity Premium Income ETF by 18.8% during the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after acquiring an additional 3,536,406 shares during the period. Eaton Financial Holdings Company LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $51,202,000. World Investment Advisors LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 748.5% in the third quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock valued at $47,971,000 after purchasing an additional 711,094 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $31,505,000. Finally, Marks Wealth LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $29,284,000.

JPMorgan Equity Premium Income ETF Trading Down 0.5 %

Shares of NYSEARCA:JEPI opened at $58.98 on Wednesday. The firm’s 50 day moving average is $58.91 and its two-hundred day moving average is $58.57. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88. The firm has a market capitalization of $34.61 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.