EverSource Wealth Advisors LLC lifted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 10.7% during the fourth quarter, HoldingsChannel reports. The firm owned 120,930 shares of the company’s stock after purchasing an additional 11,672 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,957,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in JEPI. Consolidated Planning Corp boosted its stake in JPMorgan Equity Premium Income ETF by 0.5% during the fourth quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock worth $1,931,000 after buying an additional 179 shares in the last quarter. Landmark Wealth Management LLC raised its stake in JPMorgan Equity Premium Income ETF by 5.1% in the fourth quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock valued at $221,000 after purchasing an additional 185 shares in the last quarter. Aviance Capital Partners LLC grew its position in JPMorgan Equity Premium Income ETF by 1.1% in the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock valued at $1,030,000 after acquiring an additional 194 shares during the last quarter. Fortis Advisors LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 2.0% during the fourth quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock worth $578,000 after purchasing an additional 196 shares during the period. Finally, Beam Wealth Advisors Inc. raised its position in JPMorgan Equity Premium Income ETF by 0.4% in the 4th quarter. Beam Wealth Advisors Inc. now owns 51,249 shares of the company’s stock valued at $2,948,000 after buying an additional 196 shares during the last quarter.
JPMorgan Equity Premium Income ETF Trading Down 1.1 %
Shares of NYSEARCA JEPI opened at $56.75 on Wednesday. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88. The stock has a market cap of $37.94 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61. The stock’s 50-day moving average is $58.57 and its 200 day moving average is $58.97.
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.
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