Ashton Thomas Private Wealth LLC Raises Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Ashton Thomas Private Wealth LLC grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 70,457 shares of the company’s stock after buying an additional 4,384 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,081,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in JEPI. US Bancorp DE boosted its holdings in JPMorgan Equity Premium Income ETF by 19.8% in the 3rd quarter. US Bancorp DE now owns 22,400 shares of the company’s stock worth $1,333,000 after buying an additional 3,706 shares during the period. Cozad Asset Management Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 10.3% during the third quarter. Cozad Asset Management Inc. now owns 16,821 shares of the company’s stock worth $1,001,000 after purchasing an additional 1,566 shares in the last quarter. Mainstream Capital Management LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at approximately $2,235,000. Channel Wealth LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 0.7% in the 3rd quarter. Channel Wealth LLC now owns 104,238 shares of the company’s stock worth $6,203,000 after purchasing an additional 684 shares in the last quarter. Finally, Trinity Legacy Partners LLC boosted its stake in JPMorgan Equity Premium Income ETF by 19.0% in the 3rd quarter. Trinity Legacy Partners LLC now owns 239,401 shares of the company’s stock worth $14,295,000 after purchasing an additional 38,274 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $58.20 on Friday. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88. The company has a 50 day simple moving average of $58.60 and a two-hundred day simple moving average of $58.97. The firm has a market cap of $38.91 billion, a P/E ratio of 25.75 and a beta of 0.61.

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.