Venturi Wealth Management LLC Raises Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Venturi Wealth Management LLC grew its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 31.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,309 shares of the company’s stock after buying an additional 5,060 shares during the period. Venturi Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,226,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 18.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after acquiring an additional 3,536,406 shares during the period. HighTower Advisors LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 2.4% during the third quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock worth $212,643,000 after buying an additional 83,858 shares during the period. MML Investors Services LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 16.9% during the third quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock worth $155,331,000 after buying an additional 376,400 shares during the last quarter. Stifel Financial Corp increased its position in JPMorgan Equity Premium Income ETF by 7.0% in the 3rd quarter. Stifel Financial Corp now owns 2,088,400 shares of the company’s stock valued at $124,281,000 after acquiring an additional 136,138 shares during the period. Finally, LPL Financial LLC raised its stake in JPMorgan Equity Premium Income ETF by 28.0% during the 3rd quarter. LPL Financial LLC now owns 1,900,243 shares of the company’s stock valued at $113,083,000 after acquiring an additional 416,013 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.3 %

Shares of JEPI stock opened at $59.35 on Wednesday. The company has a market capitalization of $34.83 billion, a P/E ratio of 24.40 and a beta of 0.53. The business’s 50 day moving average is $58.57 and its two-hundred day moving average is $58.79. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month high of $60.88.

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.