Integrated Investment Consultants LLC Makes New Investment in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Integrated Investment Consultants LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 51,408 shares of the company’s stock, valued at approximately $3,059,000.

Several other large investors also recently modified their holdings of the stock. Raymond James & Associates boosted its holdings in JPMorgan Equity Premium Income ETF by 22.2% in the second quarter. Raymond James & Associates now owns 2,421,638 shares of the company’s stock worth $137,258,000 after acquiring an additional 439,155 shares in the last quarter. Marshall Financial Group LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 132.0% during the second quarter. Marshall Financial Group LLC now owns 110,766 shares of the company’s stock worth $6,278,000 after acquiring an additional 63,018 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 39.5% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 15,980 shares of the company’s stock worth $906,000 after acquiring an additional 4,524 shares during the last quarter. Heritage Wealth Management Inc. bought a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $978,000. Finally, Summit Wealth Partners LLC lifted its position in JPMorgan Equity Premium Income ETF by 1.3% in the 2nd quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock valued at $4,360,000 after acquiring an additional 957 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $59.46 on Thursday. The firm has a market capitalization of $34.89 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52 week low of $54.27 and a 52 week high of $60.20. The stock has a 50 day moving average price of $59.31 and a two-hundred day moving average price of $57.77.

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.