Moors & Cabot Inc. Grows Stake in JPMorgan Equity Premium Income ETF $JEPI

Moors & Cabot Inc. raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 28.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 132,359 shares of the company’s stock after acquiring an additional 29,432 shares during the period. Moors & Cabot Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $7,525,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of JEPI. Bartlett & CO. Wealth Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $25,000. GHP Investment Advisors Inc. purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at $25,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter valued at $29,000. Millstone Evans Group LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter valued at $29,000. Finally, Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at $32,000.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $56.39 on Wednesday. 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 $40.37 billion, a PE ratio of 23.93 and a beta of 0.60. The business’s fifty day moving average is $56.91 and its 200 day moving average is $56.44.

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.