JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stake Boosted by Benchmark Financial Wealth Advisors LLC

Benchmark Financial Wealth Advisors LLC increased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,557 shares of the company’s stock after purchasing an additional 1,754 shares during the quarter. Benchmark Financial Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,104,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Raymond James & Associates boosted its position in shares of JPMorgan Equity Premium Income ETF by 22.2% in the second quarter. Raymond James & Associates now owns 2,421,638 shares of the company’s stock valued at $137,258,000 after acquiring an additional 439,155 shares during the period. Marshall Financial Group LLC lifted its position in JPMorgan Equity Premium Income ETF by 132.0% in the second quarter. Marshall Financial Group LLC now owns 110,766 shares of the company’s stock worth $6,278,000 after purchasing an additional 63,018 shares during the period. Sequoia Financial Advisors LLC lifted its position in JPMorgan Equity Premium Income ETF by 39.5% in the second quarter. Sequoia Financial Advisors LLC now owns 15,980 shares of the company’s stock worth $906,000 after purchasing an additional 4,524 shares during the period. Heritage Wealth Management Inc. bought a new position in JPMorgan Equity Premium Income ETF in the second quarter worth $978,000. Finally, Summit Wealth Partners LLC lifted its position in JPMorgan Equity Premium Income ETF by 1.3% in the second quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock worth $4,360,000 after purchasing an additional 957 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $58.89 on Wednesday. JPMorgan Equity Premium Income ETF has a twelve month low of $53.33 and a twelve month high of $59.97. The firm has a market cap of $34.56 billion, a PE ratio of 24.40 and a beta of 0.53. The business has a fifty day moving average of $58.99 and a 200-day moving average of $57.51.

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.