NFP Retirement Inc. Increases Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

NFP Retirement Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.3% during the 2nd quarter, Holdings Channel.com reports. The fund owned 160,921 shares of the company’s stock after acquiring an additional 3,550 shares during the period. NFP Retirement Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $9,148,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC raised its stake in JPMorgan Equity Premium Income ETF by 387,324.3% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock valued at $22,736,908,000 after acquiring an additional 401,771,477 shares during the period. JPMorgan Chase & Co. increased its stake in shares of JPMorgan Equity Premium Income ETF by 35.9% in the first quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock worth $1,609,887,000 after purchasing an additional 7,443,750 shares in the last quarter. Nationwide Fund Advisors bought a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $396,998,000. Envestnet Asset Management Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 17.4% in the second quarter. Envestnet Asset Management Inc. now owns 8,939,325 shares of the company’s stock valued at $508,201,000 after purchasing an additional 1,327,996 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in shares of JPMorgan Equity Premium Income ETF by 191.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,708,349 shares of the company’s stock valued at $97,120,000 after buying an additional 1,122,256 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.1%

JPMorgan Equity Premium Income ETF stock opened at $56.32 on Thursday. The firm has a 50 day simple moving average of $56.85 and a 200 day simple moving average of $56.57. JPMorgan Equity Premium Income ETF has a 1-year low of $49.94 and a 1-year high of $60.88. The firm has a market capitalization of $40.31 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60.

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.