Concurrent Investment Advisors LLC Acquires 38,186 Shares of JPMorgan Equity Premium Income ETF $JEPI

Concurrent Investment Advisors LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 33.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 151,033 shares of the company’s stock after buying an additional 38,186 shares during the period. Concurrent Investment Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $8,586,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of JEPI. Brighton Jones LLC bought a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $402,000. GAMMA Investing LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 8.2% during the first quarter. GAMMA Investing LLC now owns 130,565 shares of the company’s stock worth $7,460,000 after acquiring an additional 9,934 shares in the last quarter. CX Institutional bought a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter worth $66,000. Tritonpoint Wealth LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 33.9% during the first quarter. Tritonpoint Wealth LLC now owns 18,971 shares of the company’s stock worth $1,084,000 after acquiring an additional 4,799 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 8.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,710,856 shares of the company’s stock worth $97,758,000 after acquiring an additional 130,869 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 1.3%

Shares of JEPI opened at $56.00 on Monday. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $60.88. The firm has a fifty day simple moving average of $56.77 and a 200 day simple moving average of $56.10. The stock has a market capitalization of $40.52 billion, a price-to-earnings ratio of 23.93 and a beta of 0.62.

JPMorgan Equity Premium Income ETF Company 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.