Fiduciary Group LLC Boosts Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Fiduciary Group LLC boosted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 104.1% in the first quarter, Holdings Channel reports. The fund owned 10,922 shares of the company’s stock after purchasing an additional 5,572 shares during the quarter. Fiduciary Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $624,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently bought and sold shares of the company. Reliant Wealth Planning grew its holdings in JPMorgan Equity Premium Income ETF by 46.6% during the first quarter. Reliant Wealth Planning now owns 6,907 shares of the company’s stock valued at $395,000 after purchasing an additional 2,194 shares during the period. Meadow Creek Wealth Advisors LLC grew its holdings in JPMorgan Equity Premium Income ETF by 5.5% during the first quarter. Meadow Creek Wealth Advisors LLC now owns 76,050 shares of the company’s stock valued at $4,345,000 after purchasing an additional 3,982 shares during the period. Oregon Pacific Wealth Management LLC grew its holdings in JPMorgan Equity Premium Income ETF by 4.8% during the first quarter. Oregon Pacific Wealth Management LLC now owns 7,100 shares of the company’s stock valued at $406,000 after purchasing an additional 325 shares during the period. DAVENPORT & Co LLC grew its holdings in JPMorgan Equity Premium Income ETF by 7.3% during the first quarter. DAVENPORT & Co LLC now owns 337,638 shares of the company’s stock valued at $19,293,000 after purchasing an additional 22,967 shares during the period. Finally, RoundAngle Advisors LLC grew its holdings in JPMorgan Equity Premium Income ETF by 0.9% during the first quarter. RoundAngle Advisors LLC now owns 22,528 shares of the company’s stock valued at $1,287,000 after purchasing an additional 196 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $56.81 on Thursday. The stock has a 50-day simple moving average of $55.91 and a two-hundred day simple moving average of $56.89. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $60.88. The firm has a market capitalization of $40.37 billion, a PE ratio of 23.93 and a beta of 0.62.

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.