Armstrong Advisory Group Inc. Raises Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Armstrong Advisory Group Inc. boosted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 36,254 shares of the company’s stock after acquiring an additional 2,622 shares during the quarter. Armstrong Advisory Group Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $2,086,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of JEPI. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 18.8% during the 3rd 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 in the last quarter. Eaton Financial Holdings Company LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter worth about $51,202,000. World Investment Advisors LLC boosted its position in JPMorgan Equity Premium Income ETF by 748.5% during the third quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock worth $47,971,000 after purchasing an additional 711,094 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $31,505,000. Finally, Marks Wealth LLC purchased 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 Price Performance

Shares of NYSEARCA:JEPI opened at $58.00 on Thursday. The business’s 50 day moving average price is $59.11 and its 200-day moving average price is $58.39. JPMorgan Equity Premium Income ETF has a 1 year low of $54.72 and a 1 year high of $60.88. The firm has a market capitalization of $34.04 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.