Focus Financial Network Inc. Increases Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Focus Financial Network Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 36.8% in the 4th quarter, Holdings Channel reports. The fund owned 53,476 shares of the company’s stock after acquiring an additional 14,387 shares during the quarter. Focus Financial Network Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $3,097,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. AQR Capital Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at approximately $295,000. Alpha Financial Partners LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 45.5% in the 3rd quarter. Alpha Financial Partners LLC now owns 59,653 shares of the company’s stock valued at $3,550,000 after buying an additional 18,662 shares during the period. Valeo Financial Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter valued at approximately $229,000. Empirical Asset Management LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 4.0% in the 3rd quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock valued at $278,000 after buying an additional 179 shares during the period. Finally, Creative Planning grew its stake in shares of JPMorgan Equity Premium Income ETF by 44.6% in the 3rd quarter. Creative Planning now owns 139,002 shares of the company’s stock valued at $8,272,000 after buying an additional 42,854 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $59.20 on Wednesday. The firm has a 50 day simple moving average of $58.63 and a 200-day simple moving average of $58.71. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88. The stock has a market cap of $34.74 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.