Focus Financial Network Inc. Purchases 2,934 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Focus Financial Network Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 39,089 shares of the company’s stock after purchasing an additional 2,934 shares during the period. Focus Financial Network Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $2,326,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in JEPI. Sequoia Financial Advisors LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 100.1% during the first quarter. Sequoia Financial Advisors LLC now owns 11,456 shares of the company’s stock worth $663,000 after purchasing an additional 5,731 shares during the last quarter. StoneX Group Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter worth about $582,000. Moloney Securities Asset Management LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 6.2% during the first quarter. Moloney Securities Asset Management LLC now owns 14,672 shares of the company’s stock worth $849,000 after purchasing an additional 861 shares during the last quarter. Lincoln National Corp grew its holdings in shares of JPMorgan Equity Premium Income ETF by 14.3% during the first quarter. Lincoln National Corp now owns 200,490 shares of the company’s stock worth $11,600,000 after purchasing an additional 25,047 shares during the last quarter. Finally, Curran Financial Partners LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 2.2% in the first quarter. Curran Financial Partners LLC now owns 207,402 shares of the company’s stock worth $12,000,000 after acquiring an additional 4,388 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $58.48 on Friday. The stock’s 50 day moving average is $58.98 and its 200 day moving average is $57.43. The firm has a market cap of $34.32 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a one year low of $52.93 and a one year high of $59.97.

JPMorgan Equity Premium Income ETF Company 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.