PFG Advisors Has $2.92 Million Position in JPMorgan Equity Premium Income ETF $JEPI

PFG Advisors decreased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 19.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 51,742 shares of the company’s stock after selling 12,749 shares during the period. PFG Advisors’ holdings in JPMorgan Equity Premium Income ETF were worth $2,922,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Walled Lake Planning & Wealth Management LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 2.7% during the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 6,449 shares of the company’s stock valued at $369,000 after buying an additional 171 shares during the last quarter. Wealth Effects LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 0.6% during the fourth quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock worth $1,809,000 after acquiring an additional 173 shares in the last quarter. Aspen Wealth Strategies LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 4.5% in the 4th quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock worth $231,000 after acquiring an additional 174 shares during the last quarter. Morey & Quinn Wealth Partners LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 4.9% in the 4th quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock worth $213,000 after acquiring an additional 175 shares during the last quarter. Finally, 3Chopt Investment Partners LLC lifted its position in JPMorgan Equity Premium Income ETF by 9.0% in the 1st quarter. 3Chopt Investment Partners LLC now owns 2,143 shares of the company’s stock valued at $121,000 after acquiring an additional 177 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $57.92 on Friday. The business has a 50-day simple moving average of $56.64 and a two-hundred day simple moving average of $57.17. The company has a market capitalization of $46.20 billion, a P/E ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52-week low of $55.10 and a 52-week high of $59.90.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.