Stephens Inc. AR Acquires 17,728 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Stephens Inc. AR boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.5% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 525,375 shares of the company’s stock after acquiring an additional 17,728 shares during the quarter. Stephens Inc. AR’s holdings in JPMorgan Equity Premium Income ETF were worth $30,225,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Summit Wealth & Retirement Planning Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 21.5% during the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 4,710 shares of the company’s stock valued at $271,000 after buying an additional 832 shares in the last quarter. Investment Advisory Services Inc. TX ADV increased its stake in JPMorgan Equity Premium Income ETF by 9.2% in the fourth quarter. Investment Advisory Services Inc. TX ADV now owns 273,992 shares of the company’s stock valued at $15,763,000 after acquiring an additional 23,136 shares during the last quarter. AlphaStar Capital Management LLC increased its stake in JPMorgan Equity Premium Income ETF by 201.3% in the fourth quarter. AlphaStar Capital Management LLC now owns 17,702 shares of the company’s stock valued at $1,018,000 after acquiring an additional 11,826 shares during the last quarter. Seelaus Asset Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter valued at about $213,000. Finally, Windsor Capital Management LLC bought a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth about $435,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $58.79 on Friday. The firm has a market cap of $34.50 billion, a P/E ratio of 24.40 and a beta of 0.53. 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 50 day simple moving average of $58.68 and a two-hundred day simple moving average of $58.66.

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.