Cambridge Advisors Inc. Has $9.80 Million Holdings in JPMorgan Equity Premium Income ETF $JEPI

Cambridge Advisors Inc. boosted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 172,306 shares of the company’s stock after purchasing an additional 4,989 shares during the quarter. JPMorgan Equity Premium Income ETF comprises approximately 2.0% of Cambridge Advisors Inc.’s investment portfolio, making the stock its 10th biggest position. Cambridge Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $9,796,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Register Financial Advisors LLC boosted its position in JPMorgan Equity Premium Income ETF by 13.8% during the second quarter. Register Financial Advisors LLC now owns 63,074 shares of the company’s stock worth $3,586,000 after purchasing an additional 7,651 shares during the period. Essex Financial Services Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 3.5% in the second quarter. Essex Financial Services Inc. now owns 102,675 shares of the company’s stock valued at $5,837,000 after acquiring an additional 3,508 shares during the period. Perigon Wealth Management LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 37.6% in the second quarter. Perigon Wealth Management LLC now owns 80,658 shares of the company’s stock valued at $4,585,000 after acquiring an additional 22,061 shares during the period. Kennedy Investment Group boosted its position in shares of JPMorgan Equity Premium Income ETF by 2.0% in the second quarter. Kennedy Investment Group now owns 108,734 shares of the company’s stock valued at $6,182,000 after acquiring an additional 2,096 shares during the period. Finally, Meridian Financial LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at about $277,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.65 on Friday. The firm has a 50-day moving average of $56.78 and a 200-day moving average of $56.14. The stock has a market cap of $40.88 billion, a PE ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week 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.