Great Valley Advisor Group Inc. Increases Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Great Valley Advisor Group Inc. raised its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 19.2% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 56,330 shares of the company’s stock after buying an additional 9,072 shares during the period. Great Valley Advisor Group Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $3,352,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Cetera Investment Advisers raised its holdings in JPMorgan Equity Premium Income ETF by 406.2% in the 1st quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock worth $239,292,000 after purchasing an additional 3,318,702 shares in the last quarter. Strategic Financial Concepts LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 6,254.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock worth $595,000 after acquiring an additional 1,032,746 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $31,505,000. Envestnet Asset Management Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF by 8.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 7,104,167 shares of the company’s stock worth $402,664,000 after acquiring an additional 539,682 shares in the last quarter. Finally, CWM LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 44.3% in the 2nd quarter. CWM LLC now owns 1,739,888 shares of the company’s stock worth $98,617,000 after acquiring an additional 534,547 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $60.16 on Monday. The company has a 50-day moving average of $59.36 and a 200 day moving average of $57.83. The firm has a market cap of $35.30 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1 year low of $54.27 and a 1 year high of $60.20.

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.