Financial Counselors Inc. Has $16.06 Million Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Financial Counselors Inc. boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 24.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 279,186 shares of the company’s stock after purchasing an additional 54,948 shares during the period. Financial Counselors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $16,062,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. JPMorgan Chase & Co. raised its position in shares of 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 valued at $1,332,380,000 after purchasing an additional 3,536,406 shares during the period. Raymond James Financial Inc. acquired a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $322,301,000. Commonwealth Equity Services LLC raised its holdings in JPMorgan Equity Premium Income ETF by 12.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 4,124,862 shares of the company’s stock valued at $237,303,000 after acquiring an additional 459,845 shares during the period. HighTower Advisors LLC lifted its position in JPMorgan Equity Premium Income ETF by 3.0% during the fourth quarter. HighTower Advisors LLC now owns 3,682,072 shares of the company’s stock worth $211,830,000 after acquiring an additional 108,546 shares during the last quarter. Finally, MML Investors Services LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 16.9% during the third quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock worth $155,331,000 after acquiring an additional 376,400 shares during the period.

JPMorgan Equity Premium Income ETF Trading Down 0.2 %

Shares of NYSEARCA JEPI opened at $57.65 on Wednesday. The firm has a market cap of $39.41 billion, a P/E ratio of 24.79 and a beta of 0.61. The business’s 50 day moving average is $58.48 and its 200-day moving average is $58.89. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88.

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.