Northeast Financial Group Inc. Has $10.33 Million Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Northeast Financial Group Inc. lowered its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.5% during the fourth quarter, Holdings Channel reports. The firm owned 179,617 shares of the company’s stock after selling 4,696 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 3.8% of Northeast Financial Group Inc.’s investment portfolio, making the stock its 7th biggest position. Northeast Financial Group Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $10,333,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its position 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 valued at $1,332,380,000 after acquiring an additional 3,536,406 shares during the last quarter. Eaton Financial Holdings Company LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter valued at approximately $51,202,000. World Investment Advisors LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 748.5% during the 3rd quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock valued at $47,971,000 after purchasing an additional 711,094 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $31,505,000. Finally, Marks Wealth LLC bought a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter valued at approximately $29,284,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $59.02 on Thursday. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88. The company has a market capitalization of $34.63 billion, a PE ratio of 24.40 and a beta of 0.53. The company has a fifty day moving average of $58.90 and a 200-day moving average of $58.57.

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.