Cooper Financial Group raised its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 13.0% in the second quarter, Holdings Channel.com reports. The institutional investor owned 407,614 shares of the company’s stock after buying an additional 46,741 shares during the period. JPMorgan Equity Premium Income ETF comprises 2.7% of Cooper Financial Group’s holdings, making the stock its 9th largest position. Cooper Financial Group’s holdings in JPMorgan Equity Premium Income ETF were worth $23,173,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Mather Group LLC. acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at about $25,000. Millstone Evans Group LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at about $29,000. Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at about $29,000. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $32,000. Finally, Arlington Trust Co LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 140.0% in the 1st quarter. Arlington Trust Co LLC now owns 600 shares of the company’s stock valued at $34,000 after purchasing an additional 350 shares during the period.
JPMorgan Equity Premium Income ETF Price Performance
Shares of JEPI opened at $57.10 on Wednesday. The company has a market capitalization of $41.21 billion, a price-to-earnings ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $60.88. The business’s 50-day moving average is $56.78 and its 200-day moving average is $56.14.
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.
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