PFG Investments LLC Increases Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

PFG Investments LLC increased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.8% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 100,831 shares of the company’s stock after acquiring an additional 8,186 shares during the period. PFG Investments LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,801,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its stake in JPMorgan Equity Premium Income ETF by 18.8% in the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after purchasing an additional 3,536,406 shares during the last quarter. Eaton Financial Holdings Company LLC bought a new stake in JPMorgan Equity Premium Income ETF in the third quarter worth $51,202,000. World Investment Advisors LLC lifted its stake in JPMorgan Equity Premium Income ETF by 748.5% in the third quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock worth $47,971,000 after purchasing an additional 711,094 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF in the second quarter worth $31,505,000. Finally, Marks Wealth LLC bought a new stake in JPMorgan Equity Premium Income ETF in the third quarter worth $29,284,000.

JPMorgan Equity Premium Income ETF Stock Down 0.1 %

JPMorgan Equity Premium Income ETF stock opened at $59.10 on Monday. The company has a market capitalization of $34.68 billion, a PE ratio of 24.40 and a beta of 0.53. The firm has a fifty day simple moving average of $58.93 and a two-hundred day simple moving average of $58.53. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month high of $60.88.

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.