PFG Advisors Has $14.43 Million Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

PFG Advisors increased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 250,747 shares of the company’s stock after buying an additional 15,732 shares during the period. JPMorgan Equity Premium Income ETF makes up about 0.9% of PFG Advisors’ portfolio, making the stock its 15th biggest position. PFG Advisors’ holdings in JPMorgan Equity Premium Income ETF were worth $14,425,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. US Bancorp DE lifted its position in shares of JPMorgan Equity Premium Income ETF by 28.0% in the 4th quarter. US Bancorp DE now owns 28,673 shares of the company’s stock worth $1,650,000 after purchasing an additional 6,273 shares during the period. Clarity Wealth Advisors LLC raised its stake in JPMorgan Equity Premium Income ETF by 0.7% during the fourth quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock worth $3,204,000 after buying an additional 401 shares during the last quarter. Tandem Financial LLC acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at $757,000. Citigroup Inc. boosted its position in JPMorgan Equity Premium Income ETF by 51.8% during the third quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock valued at $8,797,000 after acquiring an additional 50,459 shares during the last quarter. Finally, First Horizon Advisors Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 223.8% during the 4th quarter. First Horizon Advisors Inc. now owns 5,961 shares of the company’s stock worth $343,000 after acquiring an additional 4,120 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $56.75 on Wednesday. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88. The business’s 50-day moving average is $58.57 and its 200-day moving average is $58.97. The company has a market capitalization of $37.94 billion, a price-to-earnings ratio of 25.75 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.