Benjamin Edwards Inc. Acquires New Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Benjamin Edwards Inc. acquired a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 49,239 shares of the company’s stock, valued at approximately $2,930,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mattern Wealth Management LLC increased its holdings in JPMorgan Equity Premium Income ETF by 2.2% in the third quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock valued at $480,000 after buying an additional 174 shares during the last quarter. Empirical Asset Management LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 4.0% during the third quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock valued at $278,000 after purchasing an additional 179 shares during the last quarter. FSC Wealth Advisors LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 2.9% during the second quarter. FSC Wealth Advisors LLC now owns 6,774 shares of the company’s stock valued at $384,000 after purchasing an additional 188 shares during the last quarter. Hixon Zuercher LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 3.7% during the second quarter. Hixon Zuercher LLC now owns 5,336 shares of the company’s stock valued at $302,000 after purchasing an additional 190 shares during the last quarter. Finally, Aviance Capital Partners LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 1.1% during the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock valued at $1,030,000 after purchasing an additional 194 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock opened at $60.17 on Thursday. JPMorgan Equity Premium Income ETF has a 12-month low of $54.27 and a 12-month high of $60.88. The firm has a market capitalization of $35.31 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The business has a 50 day simple moving average of $59.56 and a 200 day simple moving average of $58.00.

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.