Prosperity Consulting Group LLC Purchases 57,674 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Prosperity Consulting Group LLC boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.8% in the 4th quarter, Holdings Channel reports. The fund owned 710,119 shares of the company’s stock after purchasing an additional 57,674 shares during the period. JPMorgan Equity Premium Income ETF makes up about 3.1% of Prosperity Consulting Group LLC’s investment portfolio, making the stock its 4th biggest position. Prosperity Consulting Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $40,853,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of JEPI. Morse Asset Management Inc grew its position in shares of JPMorgan Equity Premium Income ETF by 16.4% in the third quarter. Morse Asset Management Inc now owns 13,323 shares of the company’s stock valued at $793,000 after purchasing an additional 1,880 shares during the period. Eaton Financial Holdings Company LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter worth about $51,202,000. World Investment Advisors LLC grew its holdings in JPMorgan Equity Premium Income ETF by 48.1% in the 3rd quarter. World Investment Advisors LLC now owns 140,665 shares of the company’s stock valued at $8,371,000 after buying an additional 45,660 shares during the period. Sfmg LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 2.9% during the 3rd quarter. Sfmg LLC now owns 220,902 shares of the company’s stock valued at $13,146,000 after acquiring an additional 6,123 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth about $717,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $54.98 on Friday. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $60.88. The company’s 50 day simple moving average is $56.26 and its 200 day simple moving average is $58.12. The stock has a market capitalization of $38.06 billion, a PE ratio of 23.72 and a beta of 0.61.

JPMorgan Equity Premium Income ETF 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.