Means Investment CO. Inc. Raises Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

by · The Cerbat Gem

Means Investment CO. Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 3.1% during the third quarter, HoldingsChannel.com reports. The fund owned 67,124 shares of the company’s stock after purchasing an additional 2,031 shares during the quarter. Means Investment CO. Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $3,995,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Empirical Asset Management LLC grew its position in JPMorgan Equity Premium Income ETF by 4.0% during the 3rd quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock worth $278,000 after purchasing an additional 179 shares during the last quarter. Fluent Financial LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 4.2% during the first quarter. Fluent Financial LLC now owns 4,467 shares of the company’s stock worth $258,000 after buying an additional 181 shares during the last quarter. FSC Wealth Advisors LLC increased its position in JPMorgan Equity Premium Income ETF by 2.9% in the 2nd quarter. FSC Wealth Advisors LLC now owns 6,774 shares of the company’s stock valued at $384,000 after acquiring an additional 188 shares during the period. Hixon Zuercher LLC raised its stake in JPMorgan Equity Premium Income ETF by 3.7% during the 2nd quarter. Hixon Zuercher LLC now owns 5,336 shares of the company’s stock valued at $302,000 after acquiring an additional 190 shares during the last quarter. Finally, Salem Investment Counselors Inc. lifted its position in JPMorgan Equity Premium Income ETF by 17.5% during the 1st quarter. Salem Investment Counselors Inc. now owns 1,342 shares of the company’s stock worth $78,000 after acquiring an additional 200 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.1 %

Shares of JEPI stock opened at $59.90 on Friday. The company has a market capitalization of $35.15 billion, a P/E ratio of 24.40 and a beta of 0.53. The business’s 50 day moving average is $58.63 and its two-hundred day moving average is $57.27. JPMorgan Equity Premium Income ETF has a twelve month low of $51.38 and a twelve month high of $59.97.

JPMorgan Equity Premium Income ETF Profile

(Free Report)

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.

Further Reading

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