Lokken Investment Group LLC Increases Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Lokken Investment Group LLC boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 19,352 shares of the company’s stock after buying an additional 602 shares during the period. Lokken Investment Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,097,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Fluent Financial LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 4.2% during the 1st quarter. Fluent Financial LLC now owns 4,467 shares of the company’s stock worth $258,000 after purchasing an additional 181 shares during the period. FSC Wealth Advisors LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 2.9% in the second quarter. FSC Wealth Advisors LLC now owns 6,774 shares of the company’s stock worth $384,000 after acquiring an additional 188 shares in the last quarter. Hixon Zuercher LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 3.7% in 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 period. Raleigh Capital Management Inc. boosted its position in JPMorgan Equity Premium Income ETF by 21.6% during the 4th quarter. Raleigh Capital Management Inc. now owns 1,126 shares of the company’s stock worth $62,000 after purchasing an additional 200 shares during the period. Finally, Salem Investment Counselors Inc. boosted 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 purchasing an additional 200 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $59.01 on Wednesday. The business’s 50-day moving average is $57.34 and its two-hundred day moving average is $56.93. The firm has a market capitalization of $34.63 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12 month low of $51.38 and a 12 month high of $59.15.

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.