Harvest Investment Services LLC Increases Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Harvest Investment Services LLC increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 52.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,455 shares of the company’s stock after acquiring an additional 2,565 shares during the quarter. Harvest Investment Services LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $429,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. JPMorgan Chase & Co. lifted its position in JPMorgan Equity Premium Income ETF by 18.8% during the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after purchasing an additional 3,536,406 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 16.4% in the fourth quarter. Wells Fargo & Company MN now owns 14,555,046 shares of the company’s stock valued at $837,352,000 after purchasing an additional 2,051,299 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 7.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 6,836,665 shares of the company’s stock worth $393,313,000 after buying an additional 484,267 shares during the period. Raymond James Financial Inc. bought a new position in JPMorgan Equity Premium Income ETF during the 4th quarter worth about $322,301,000. Finally, Commonwealth Equity Services LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 12.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 4,124,862 shares of the company’s stock valued at $237,303,000 after purchasing an additional 459,845 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 2.1 %

Shares of NYSEARCA:JEPI opened at $53.83 on Wednesday. The business’s fifty day simple moving average is $56.53 and its 200-day simple moving average is $58.20. 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 capitalization of $37.27 billion, a PE ratio of 23.72 and a beta of 0.61.

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.