RFG Advisory LLC Increases Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

RFG Advisory LLC increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 57,448 shares of the company’s stock after acquiring an additional 5,346 shares during the quarter. RFG Advisory LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,305,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JEPI. JPMorgan Chase & Co. raised its holdings in JPMorgan Equity Premium Income ETF by 18.8% in the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after purchasing an additional 3,536,406 shares in the last quarter. Eaton Financial Holdings Company LLC bought a new position in JPMorgan Equity Premium Income ETF in the third quarter worth $51,202,000. World Investment Advisors LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 748.5% during the third quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock valued at $47,971,000 after acquiring an additional 711,094 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at $31,505,000. Finally, Marks Wealth LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at $29,284,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $59.10 on Friday. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88. The business has a fifty day moving average price of $58.93 and a 200-day moving average price of $58.50. The company has a market capitalization of $34.68 billion, a PE 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.