CFO4Life Group LLC Boosts Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

CFO4Life Group LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.3% during the 4th quarter, HoldingsChannel reports. The fund owned 578,253 shares of the company’s stock after buying an additional 23,971 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 5.8% of CFO4Life Group LLC’s portfolio, making the stock its 3rd biggest holding. CFO4Life Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $33,267,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Raymond James Financial Inc. bought a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $322,301,000. JPMorgan Chase & Co. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 18.8% in the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after buying an additional 3,536,406 shares in the last quarter. Strategic Financial Concepts LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 4,498.2% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,301,762 shares of the company’s stock worth $74,890,000 after buying an additional 1,273,452 shares in the last quarter. Eaton Financial Holdings Company LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter worth approximately $51,202,000. Finally, World Investment Advisors LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 748.5% in the third quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock worth $47,971,000 after buying an additional 711,094 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA JEPI opened at $56.69 on Thursday. The firm’s 50 day moving average price is $58.55 and its 200-day moving average price is $58.95. The company has a market cap of $37.90 billion, a PE ratio of 25.75 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88.

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.