Hennion & Walsh Asset Management Inc. Has $35.57 Million Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Hennion & Walsh Asset Management Inc. grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 135.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 614,703 shares of the company’s stock after purchasing an additional 353,294 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 1.9% of Hennion & Walsh Asset Management Inc.’s holdings, making the stock its 4th biggest position. Hennion & Walsh Asset Management Inc. owned 0.10% of JPMorgan Equity Premium Income ETF worth $35,567,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Wealth Management Partners LLC grew its position in JPMorgan Equity Premium Income ETF by 2.0% in the 4th quarter. Wealth Management Partners LLC now owns 9,820 shares of the company’s stock worth $540,000 after purchasing an additional 195 shares during the last quarter. Paragon Private Wealth Management LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 2.3% in the 4th quarter. Paragon Private Wealth Management LLC now owns 8,628 shares of the company’s stock worth $474,000 after acquiring an additional 196 shares during the period. Perritt Capital Management Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 44.4% in the 3rd quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock worth $35,000 after acquiring an additional 200 shares during the period. Raleigh Capital Management Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 21.6% in the 4th quarter. Raleigh Capital Management Inc. now owns 1,126 shares of the company’s stock worth $62,000 after acquiring an additional 200 shares during the period. Finally, Salem Investment Counselors Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 17.5% in the 1st quarter. Salem Investment Counselors Inc. now owns 1,342 shares of the company’s stock worth $78,000 after acquiring an additional 200 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI traded down $0.06 during trading on Friday, reaching $56.68. The company had a trading volume of 2,478,110 shares, compared to its average volume of 3,290,957. The firm’s fifty day moving average is $56.59 and its 200 day moving average is $56.31. The firm has a market capitalization of $33.26 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a twelve month low of $51.38 and a twelve month high of $57.94.

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.