JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Purchased by Sandbox Financial Partners LLC

Sandbox Financial Partners LLC grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 196,643 shares of the company’s stock after acquiring an additional 7,479 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 3.8% of Sandbox Financial Partners LLC’s investment portfolio, making the stock its 6th largest holding. Sandbox Financial Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $11,313,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in JEPI. Edgestream Partners L.P. bought a new position in JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $375,000. Blair William & Co. IL increased its stake in shares of JPMorgan Equity Premium Income ETF by 10.7% during the 2nd quarter. Blair William & Co. IL now owns 128,675 shares of the company’s stock worth $7,293,000 after purchasing an additional 12,472 shares during the last quarter. Benjamin F. Edwards & Company Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 14.6% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 41,666 shares of the company’s stock valued at $2,362,000 after purchasing an additional 5,300 shares in the last quarter. AE Wealth Management LLC increased its position in JPMorgan Equity Premium Income ETF by 11.3% during the second quarter. AE Wealth Management LLC now owns 224,140 shares of the company’s stock worth $12,704,000 after buying an additional 22,698 shares during the last quarter. Finally, Garden State Investment Advisory Services LLC raised its holdings in JPMorgan Equity Premium Income ETF by 7.9% during the second quarter. Garden State Investment Advisory Services LLC now owns 94,821 shares of the company’s stock valued at $5,378,000 after buying an additional 6,941 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $58.50 on Friday. The company has a market cap of $34.33 billion, a PE ratio of 24.40 and a beta of 0.53. The stock has a 50-day moving average of $59.02 and a 200-day moving average of $58.42. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88.

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.