Kestra Advisory Services LLC Increases Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Kestra Advisory Services LLC raised its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 21.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,321,467 shares of the company’s stock after buying an additional 233,502 shares during the period. Kestra Advisory Services LLC owned about 0.23% of JPMorgan Equity Premium Income ETF worth $76,024,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Consolidated Planning Corp raised its stake in JPMorgan Equity Premium Income ETF by 0.5% during the 4th quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock valued at $1,931,000 after buying an additional 179 shares during the last quarter. Landmark Wealth Management LLC raised its stake in JPMorgan Equity Premium Income ETF by 5.1% during the 4th quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock valued at $221,000 after buying an additional 185 shares during the last quarter. Aviance Capital Partners LLC raised its stake in JPMorgan Equity Premium Income ETF by 1.1% during the 3rd quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock valued at $1,030,000 after buying an additional 194 shares during the last quarter. Fortis Advisors LLC raised its stake in JPMorgan Equity Premium Income ETF by 2.0% during the 4th quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock valued at $578,000 after buying an additional 196 shares during the last quarter. Finally, Beam Wealth Advisors Inc. raised its stake in JPMorgan Equity Premium Income ETF by 0.4% during the 4th quarter. Beam Wealth Advisors Inc. now owns 51,249 shares of the company’s stock valued at $2,948,000 after buying an additional 196 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 1.4 %

Shares of JEPI opened at $56.96 on Friday. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88. The firm has a fifty day simple moving average of $58.51 and a two-hundred day simple moving average of $58.93. The firm has a market cap of $38.08 billion, a PE ratio of 25.75 and a beta of 0.61.

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.