JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Acquired by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4,498.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,301,762 shares of the company’s stock after buying an additional 1,273,452 shares during the period. Strategic Financial Concepts LLC owned about 0.22% of JPMorgan Equity Premium Income ETF worth $74,890,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in JEPI. AQR Capital Management LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at about $295,000. Alpha Financial Partners LLC lifted its stake in JPMorgan Equity Premium Income ETF by 45.5% in the 3rd quarter. Alpha Financial Partners LLC now owns 59,653 shares of the company’s stock valued at $3,550,000 after buying an additional 18,662 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its stake in JPMorgan Equity Premium Income ETF by 6.6% in the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 8,430 shares of the company’s stock valued at $502,000 after buying an additional 522 shares in the last quarter. CWM LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 5.3% in the 3rd quarter. CWM LLC now owns 1,832,301 shares of the company’s stock worth $109,040,000 after buying an additional 92,413 shares during the last quarter. Finally, Hexagon Capital Partners LLC increased its stake in JPMorgan Equity Premium Income ETF by 16.5% during the 3rd quarter. Hexagon Capital Partners LLC now owns 32,777 shares of the company’s stock worth $1,951,000 after buying an additional 4,653 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $59.04 on Friday. The stock’s 50 day simple moving average is $58.72 and its 200-day simple moving average is $58.63. The company has a market cap of $34.65 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year 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.