Semus Wealth Partners LLC Has $3.41 Million Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Semus Wealth Partners LLC lifted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 59,260 shares of the company’s stock after purchasing an additional 5,182 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 2.3% of Semus Wealth Partners LLC’s portfolio, making the stock its 10th largest holding. Semus Wealth Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,409,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Alpha Financial Partners LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 45.5% in the third quarter. Alpha Financial Partners LLC now owns 59,653 shares of the company’s stock worth $3,550,000 after acquiring an additional 18,662 shares during the last quarter. Creative Planning increased its stake in JPMorgan Equity Premium Income ETF by 44.6% during the 3rd quarter. Creative Planning now owns 139,002 shares of the company’s stock valued at $8,272,000 after purchasing an additional 42,854 shares in the last quarter. Brown Lisle Cummings Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 48.0% in the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after buying an additional 255 shares during the last quarter. Whittier Trust Co. bought a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter worth approximately $108,000. Finally, Foundations Investment Advisors LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 6.4% during the third quarter. Foundations Investment Advisors LLC now owns 282,319 shares of the company’s stock valued at $16,801,000 after buying an additional 17,084 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.3 %

Shares of JEPI opened at $59.35 on Wednesday. The company has a market capitalization of $34.83 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month high of $60.88. The firm has a 50 day moving average of $58.57 and a 200 day moving average of $58.79.

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.