Mutual Advisors LLC Purchases 12,543 Shares of JPMorgan Equity Premium Income ETF $JEPI

Mutual Advisors LLC lifted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 187,652 shares of the company’s stock after buying an additional 12,543 shares during the period. Mutual Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,756,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Mattern Wealth Management LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 1.8% during the 2nd quarter. Mattern Wealth Management LLC now owns 10,082 shares of the company’s stock worth $573,000 after acquiring an additional 178 shares in the last quarter. Highline Wealth Partners LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 13.5% during the second quarter. Highline Wealth Partners LLC now owns 1,518 shares of the company’s stock worth $86,000 after purchasing an additional 180 shares during the last quarter. Solutions 4 Wealth Ltd grew its position in JPMorgan Equity Premium Income ETF by 1.2% in the first quarter. Solutions 4 Wealth Ltd now owns 15,441 shares of the company’s stock valued at $882,000 after purchasing an additional 183 shares in the last quarter. SimpliFi Inc. grew its position in JPMorgan Equity Premium Income ETF by 2.6% in the second quarter. SimpliFi Inc. now owns 7,345 shares of the company’s stock valued at $418,000 after purchasing an additional 186 shares in the last quarter. Finally, Summit Wealth & Retirement Planning Inc. increased its stake in JPMorgan Equity Premium Income ETF by 4.0% in the 1st quarter. Summit Wealth & Retirement Planning Inc. now owns 4,900 shares of the company’s stock valued at $280,000 after buying an additional 190 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $56.88 on Wednesday. The company’s 50-day moving average price is $56.79 and its two-hundred day moving average price is $56.10. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88. The stock has a market capitalization of $41.16 billion, a PE ratio of 23.93 and a beta of 0.62.

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.