JPMorgan Equity Premium Income ETF $JEPI Shares Acquired by Investment Partners Asset Management Inc.

Investment Partners Asset Management Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.8% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 86,856 shares of the company’s stock after acquiring an additional 666 shares during the period. JPMorgan Equity Premium Income ETF accounts for 3.4% of Investment Partners Asset Management Inc.’s holdings, making the stock its 3rd largest position. Investment Partners Asset Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $4,938,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of JEPI. Atlas Capital Advisors Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 12.1% in the 1st quarter. Atlas Capital Advisors Inc. now owns 4,670 shares of the company’s stock worth $267,000 after purchasing an additional 504 shares during the last quarter. Ritholtz Wealth Management grew its stake in JPMorgan Equity Premium Income ETF by 2.5% during the first quarter. Ritholtz Wealth Management now owns 7,827 shares of the company’s stock worth $447,000 after buying an additional 192 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 8.2% during the first quarter. GAMMA Investing LLC now owns 130,565 shares of the company’s stock worth $7,460,000 after buying an additional 9,934 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 3.1% in the second quarter. Parallel Advisors LLC now owns 45,589 shares of the company’s stock valued at $2,592,000 after acquiring an additional 1,372 shares during the last quarter. Finally, Weinberger Asset Management Inc boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.9% in the 2nd quarter. Weinberger Asset Management Inc now owns 70,527 shares of the company’s stock worth $4,009,000 after acquiring an additional 1,999 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $56.65 on Friday. The stock’s 50 day simple moving average is $56.78 and its 200 day simple moving average is $56.14. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88. The firm has a market cap of $40.88 billion, a PE ratio of 23.93 and a beta of 0.62.

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.