JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stake Raised by Investment Partners Asset Management Inc.

Investment Partners Asset Management Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 85,148 shares of the company’s stock after purchasing an additional 1,325 shares during the quarter. JPMorgan Equity Premium Income ETF comprises about 3.8% of Investment Partners Asset Management Inc.’s investment portfolio, making the stock its 3rd largest position. Investment Partners Asset Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $4,899,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in JEPI. JPMorgan Chase & Co. boosted its position in JPMorgan Equity Premium Income ETF by 18.8% during 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 in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 8.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock worth $218,105,000 after buying an additional 285,180 shares during the last quarter. HighTower Advisors LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 2.4% in the 3rd quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock worth $212,643,000 after buying an additional 83,858 shares in the last quarter. MML Investors Services LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 16.9% in the 3rd quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock worth $155,331,000 after buying an additional 376,400 shares in the last quarter. Finally, Stifel Financial Corp grew its stake in JPMorgan Equity Premium Income ETF by 7.0% in the 3rd quarter. Stifel Financial Corp now owns 2,088,400 shares of the company’s stock valued at $124,281,000 after acquiring an additional 136,138 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.3 %

Shares of JEPI opened at $59.04 on Thursday. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month high of $60.88. The stock has a market cap of $34.65 billion, a P/E ratio of 24.40 and a beta of 0.53. The company has a 50-day moving average of $58.61 and a two-hundred day moving average of $58.71.

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.