Key Financial Inc Acquires 200 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Key Financial Inc raised its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.1% during the third quarter, HoldingsChannel reports. The fund owned 9,798 shares of the company’s stock after purchasing an additional 200 shares during the quarter. Key Financial Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $583,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. Salomon & Ludwin LLC purchased a new position in JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $25,000. HHM Wealth Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter worth $28,000. Larson Financial Group LLC boosted its stake in JPMorgan Equity Premium Income ETF by 129.8% during the first quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after buying an additional 314 shares during the period. Beaird Harris Wealth Management LLC purchased a new position in JPMorgan Equity Premium Income ETF during the first quarter worth about $38,000. Finally, Whittier Trust Co. of Nevada Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 105.2% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 716 shares of the company’s stock valued at $41,000 after acquiring an additional 367 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.3 %

Shares of JEPI traded up $0.15 during trading hours on Friday, reaching $58.47. 3,243,723 shares of the company’s stock traded hands, compared to its average volume of 3,127,046. The firm’s 50 day simple moving average is $58.98 and its 200-day simple moving average is $57.43. The stock has a market cap of $34.31 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12 month low of $52.93 and a 12 month high of $59.97.

JPMorgan Equity Premium Income ETF Company 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.