Allworth Financial LP Grows Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Allworth Financial LP increased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,165,502 shares of the company’s stock after purchasing an additional 18,409 shares during the period. Allworth Financial LP’s holdings in JPMorgan Equity Premium Income ETF were worth $68,613,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Principal Securities Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 18.6% during the 4th quarter. Principal Securities Inc. now owns 397,336 shares of the company’s stock valued at $22,859,000 after purchasing an additional 62,223 shares during the last quarter. Lakeridge Wealth Management LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 2.7% during the 4th quarter. Lakeridge Wealth Management LLC now owns 7,850 shares of the company’s stock worth $452,000 after acquiring an additional 206 shares during the last quarter. Beacon Capital Management LLC grew its holdings in JPMorgan Equity Premium Income ETF by 25.2% during the fourth quarter. Beacon Capital Management LLC now owns 1,798 shares of the company’s stock valued at $103,000 after purchasing an additional 362 shares during the period. Ellis Investment Partners LLC raised its stake in JPMorgan Equity Premium Income ETF by 12.5% during the 4th quarter. Ellis Investment Partners LLC now owns 203,192 shares of the company’s stock worth $11,690,000 after acquiring an additional 22,522 shares during the period. Finally, TigerOak Management L.L.C. purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at $21,172,000.

JPMorgan Equity Premium Income ETF Trading Down 0.2 %

NYSEARCA JEPI opened at $59.17 on Friday. The stock has a market cap of $34.72 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12 month low of $54.77 and a 12 month high of $60.88. The stock’s 50 day moving average is $58.58 and its 200 day moving average is $58.74.

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.