JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Acquired by Cobblestone Asset Management LLC

Cobblestone Asset Management LLC boosted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 33.9% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 149,482 shares of the company’s stock after acquiring an additional 37,849 shares during the period. JPMorgan Equity Premium Income ETF accounts for about 5.5% of Cobblestone Asset Management LLC’s holdings, making the stock its 6th biggest position. Cobblestone Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $8,473,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its stake in shares of JPMorgan Equity Premium Income ETF by 3.8% during the first quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock worth $1,274,807,000 after purchasing an additional 815,598 shares during the last quarter. Global Assets Advisory LLC raised its position in JPMorgan Equity Premium Income ETF by 5,858.1% during the 1st quarter. Global Assets Advisory LLC now owns 6,165,296 shares of the company’s stock worth $356,724,000 after buying an additional 6,061,819 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 5.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 5,836,775 shares of the company’s stock worth $320,906,000 after acquiring an additional 315,588 shares during the period. Cetera Investment Advisers boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 406.2% in the first quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock valued at $239,292,000 after acquiring an additional 3,318,702 shares in the last quarter. Finally, CIBC Private Wealth Group LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 6.3% during the fourth quarter. CIBC Private Wealth Group LLC now owns 3,172,309 shares of the company’s stock worth $174,414,000 after acquiring an additional 187,656 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI traded up $0.52 during mid-day trading on Thursday, reaching $57.58. The stock had a trading volume of 2,808,882 shares, compared to its average volume of 3,296,068. JPMorgan Equity Premium Income ETF has a twelve month low of $51.38 and a twelve month high of $57.94. The business has a 50 day simple moving average of $56.55 and a 200 day simple moving average of $56.63. The firm has a market capitalization of $33.79 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.