Alpha Financial Partners LLC Acquires 311 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Alpha Financial Partners LLC lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,991 shares of the company’s stock after purchasing an additional 311 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for approximately 2.0% of Alpha Financial Partners LLC’s investment portfolio, making the stock its 11th biggest holding. Alpha Financial Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,323,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in JEPI. Quadrant Capital Group LLC acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $82,000. TrinityPoint Wealth LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 11.1% in the 4th quarter. TrinityPoint Wealth LLC now owns 63,739 shares of the company’s stock valued at $3,504,000 after buying an additional 6,348 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 8.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 756,007 shares of the company’s stock valued at $41,565,000 after buying an additional 60,886 shares in the last quarter. Gladstone Institutional Advisory LLC increased its holdings in JPMorgan Equity Premium Income ETF by 41.5% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 10,642 shares of the company’s stock worth $585,000 after buying an additional 3,120 shares during the last quarter. Finally, Coldstream Capital Management Inc. raised its position in JPMorgan Equity Premium Income ETF by 75.4% during the fourth quarter. Coldstream Capital Management Inc. now owns 9,410 shares of the company’s stock worth $517,000 after acquiring an additional 4,046 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $59.04 on Tuesday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $51.38 and a fifty-two week high of $59.10. The firm has a market capitalization of $34.65 billion, a PE ratio of 24.40 and a beta of 0.53. The company’s 50-day moving average is $57.34 and its 200-day moving average is $56.93.

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.