JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Acquired by Beam Wealth Advisors Inc.

Beam Wealth Advisors Inc. lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,249 shares of the company’s stock after buying an additional 196 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 0.9% of Beam Wealth Advisors Inc.’s portfolio, making the stock its 28th biggest holding. Beam Wealth Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $2,948,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Consolidated Planning Corp boosted its stake in shares of JPMorgan Equity Premium Income ETF by 0.5% in the fourth quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock valued at $1,931,000 after buying an additional 179 shares in the last quarter. Landmark Wealth Management LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 5.1% in the fourth quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock valued at $221,000 after buying an additional 185 shares in the last quarter. Aviance Capital Partners LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 1.1% in the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock valued at $1,030,000 after buying an additional 194 shares in the last quarter. Fortis Advisors LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 2.0% in the fourth quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock valued at $578,000 after buying an additional 196 shares in the last quarter. Finally, Smith Thornton Advisors LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 4.2% in the third quarter. Smith Thornton Advisors LLC now owns 4,956 shares of the company’s stock valued at $295,000 after buying an additional 200 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $57.86 on Friday. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88. The company has a market cap of $38.68 billion, a PE ratio of 25.75 and a beta of 0.61. The stock’s 50 day moving average price is $58.62 and its 200 day moving average price is $58.97.

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.