JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Acquired by Herbst Group LLC

Herbst Group LLC grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.1% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 32,584 shares of the company’s stock after buying an additional 685 shares during the period. Herbst Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,803,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of JEPI. AllSquare Wealth Management LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 2.1% during the 4th quarter. AllSquare Wealth Management LLC now owns 9,850 shares of the company’s stock valued at $537,000 after buying an additional 200 shares during the period. Wealth Management Resources Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 2.7% during the 1st quarter. Wealth Management Resources Inc. now owns 7,542 shares of the company’s stock valued at $412,000 after buying an additional 200 shares during the period. First Capital Advisors Group LLC. raised its position in shares of JPMorgan Equity Premium Income ETF by 18.6% during the 1st quarter. First Capital Advisors Group LLC. now owns 1,280 shares of the company’s stock valued at $70,000 after buying an additional 201 shares during the period. Global Retirement Partners LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 20.2% during the 1st quarter. Global Retirement Partners LLC now owns 1,308 shares of the company’s stock valued at $71,000 after buying an additional 220 shares during the period. Finally, Carson Advisory Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 5.7% during the 1st quarter. Carson Advisory Inc. now owns 4,373 shares of the company’s stock valued at $239,000 after buying an additional 234 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.5 %

NYSEARCA JEPI traded down $0.26 on Tuesday, reaching $55.02. The stock had a trading volume of 824,415 shares, compared to its average volume of 4,535,558. The firm has a market capitalization of $28.50 billion, a price-to-earnings ratio of 21.55 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a 12-month low of $49.92 and a 12-month high of $56.92. The stock has a fifty day moving average price of $55.31 and a two-hundred day moving average price of $54.66.

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.