Beacon Financial Advisory LLC Acquires 15,034 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Beacon Financial Advisory LLC lifted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 327,645 shares of the company’s stock after purchasing an additional 15,034 shares during the period. JPMorgan Equity Premium Income ETF makes up 6.1% of Beacon Financial Advisory LLC’s investment portfolio, making the stock its largest holding. Beacon Financial Advisory LLC owned 0.06% of JPMorgan Equity Premium Income ETF worth $18,849,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth $295,000. Alpha Financial Partners LLC raised its position in JPMorgan Equity Premium Income ETF by 45.5% during the third quarter. Alpha Financial Partners LLC now owns 59,653 shares of the company’s stock worth $3,550,000 after acquiring an additional 18,662 shares during the last quarter. Park Place Capital Corp purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at about $392,000. Brookstone Capital Management increased its stake in shares of JPMorgan Equity Premium Income ETF by 6.3% during the 3rd quarter. Brookstone Capital Management now owns 754,765 shares of the company’s stock worth $44,916,000 after purchasing an additional 44,993 shares in the last quarter. Finally, Marquette Asset Management LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 2.0% during the 3rd quarter. Marquette Asset Management LLC now owns 297,964 shares of the company’s stock worth $17,732,000 after purchasing an additional 5,904 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.5 %

NYSEARCA:JEPI opened at $58.94 on Thursday. The firm has a market cap of $34.59 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month high of $60.88. The company’s 50-day moving average is $58.75 and its two-hundred day moving average is $58.63.

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.