BG Investment Services Inc. Has $2.64 Million Stock Position in JPMorgan Equity Premium Income ETF $JEPI

BG Investment Services Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 41.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 46,217 shares of the company’s stock after acquiring an additional 13,609 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 3.3% of BG Investment Services Inc.’s holdings, making the stock its 8th largest position. BG Investment Services Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $2,637,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC grew its position in JPMorgan Equity Premium Income ETF by 387,324.3% during the second quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock valued at $22,736,908,000 after buying an additional 401,771,477 shares during the period. JPMorgan Chase & Co. boosted its stake in JPMorgan Equity Premium Income ETF by 35.9% in the first quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock valued at $1,609,887,000 after acquiring an additional 7,443,750 shares during the last quarter. Royal Bank of Canada grew its position in shares of JPMorgan Equity Premium Income ETF by 10.5% during the 1st quarter. Royal Bank of Canada now owns 8,119,139 shares of the company’s stock valued at $463,927,000 after acquiring an additional 772,858 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF by 11.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 7,611,329 shares of the company’s stock worth $434,911,000 after purchasing an additional 774,664 shares during the last quarter. Finally, Nationwide Fund Advisors bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth approximately $396,998,000.

JPMorgan Equity Premium Income ETF Trading Up 0.5%

JPMorgan Equity Premium Income ETF stock opened at $57.17 on Tuesday. The business’s 50 day simple moving average is $56.86 and its 200 day simple moving average is $56.14. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $60.88. The company has a market cap of $41.24 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.