Archford Capital Strategies LLC Boosts Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Archford Capital Strategies LLC raised its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 109.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 9,277 shares of the company’s stock after acquiring an additional 4,842 shares during the period. Archford Capital Strategies LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $534,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the company. Bank of Montreal Can raised its position in shares of JPMorgan Equity Premium Income ETF by 8.8% during the 2nd quarter. Bank of Montreal Can now owns 41,865 shares of the company’s stock worth $2,382,000 after purchasing an additional 3,374 shares during the last quarter. AQR Capital Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at approximately $295,000. Sepio Capital LP grew its stake in shares of JPMorgan Equity Premium Income ETF by 2.4% in the 2nd quarter. Sepio Capital LP now owns 18,888 shares of the company’s stock valued at $1,071,000 after buying an additional 438 shares during the period. Creative Planning grew its stake in shares of JPMorgan Equity Premium Income ETF by 7.5% in the 2nd quarter. Creative Planning now owns 96,148 shares of the company’s stock valued at $5,450,000 after buying an additional 6,687 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of JPMorgan Equity Premium Income ETF by 14.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,132,770 shares of the company’s stock valued at $120,885,000 after buying an additional 264,714 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $59.10 on Monday. The firm has a 50 day simple moving average of $58.93 and a 200-day simple moving average of $58.53. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88. The stock has a market cap of $34.68 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.