Benchmark Financial Wealth Advisors LLC Has $1.27 Million Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Benchmark Financial Wealth Advisors LLC lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 18.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 22,030 shares of the company’s stock after acquiring an additional 3,473 shares during the quarter. Benchmark Financial Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,267,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. boosted its position in JPMorgan Equity Premium Income ETF by 18.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after acquiring an additional 3,536,406 shares during the period. Commonwealth Equity Services LLC lifted its position in JPMorgan Equity Premium Income ETF by 8.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock worth $218,105,000 after acquiring an additional 285,180 shares during the last quarter. HighTower Advisors LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 2.4% during the third quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock valued at $212,643,000 after acquiring an additional 83,858 shares during the period. MML Investors Services LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 16.9% in the third quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock worth $155,331,000 after purchasing an additional 376,400 shares during the period. Finally, Stifel Financial Corp lifted its position in shares of JPMorgan Equity Premium Income ETF by 7.0% during the 3rd quarter. Stifel Financial Corp now owns 2,088,400 shares of the company’s stock worth $124,281,000 after purchasing an additional 136,138 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.5 %

JEPI opened at $58.94 on Thursday. The stock’s 50 day moving average price is $58.75 and its two-hundred day moving average price is $58.63. The firm has a market capitalization of $34.59 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month high of $60.88.

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.