Coordinated Financial Services Inc. Takes $1.57 Million Position in JPMorgan Equity Premium Income ETF $JEPI

Coordinated Financial Services Inc. purchased a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 27,598 shares of the company’s stock, valued at approximately $1,569,000. JPMorgan Equity Premium Income ETF makes up 1.1% of Coordinated Financial Services Inc.’s holdings, making the stock its 21st largest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Mattern Wealth Management LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 1.8% during the second quarter. Mattern Wealth Management LLC now owns 10,082 shares of the company’s stock valued at $573,000 after purchasing an additional 178 shares during the period. Highline Wealth Partners LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 13.5% in the 2nd quarter. Highline Wealth Partners LLC now owns 1,518 shares of the company’s stock worth $86,000 after acquiring an additional 180 shares during the last quarter. Solutions 4 Wealth Ltd raised its holdings in shares of JPMorgan Equity Premium Income ETF by 1.2% in the 1st quarter. Solutions 4 Wealth Ltd now owns 15,441 shares of the company’s stock worth $882,000 after acquiring an additional 183 shares during the last quarter. SimpliFi Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 2.6% in the 2nd quarter. SimpliFi Inc. now owns 7,345 shares of the company’s stock worth $418,000 after acquiring an additional 186 shares during the last quarter. Finally, Summit Wealth & Retirement Planning Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 4.0% in the 1st quarter. Summit Wealth & Retirement Planning Inc. now owns 4,900 shares of the company’s stock worth $280,000 after acquiring an additional 190 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $56.75 on Friday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $60.88. The firm has a market capitalization of $41.08 billion, a PE ratio of 23.93 and a beta of 0.62. The company’s 50-day moving average is $56.76 and its 200 day moving average is $56.13.

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.