KFG Wealth Management LLC Increases Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

KFG Wealth Management LLC boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 17.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 29,682 shares of the company’s stock after buying an additional 4,493 shares during the period. KFG Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,708,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in shares of JPMorgan Equity Premium Income ETF by 18.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after buying an additional 3,536,406 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 1.3% in the second quarter. Cetera Investment Advisers now owns 4,188,012 shares of the company’s stock valued at $237,377,000 after purchasing an additional 52,301 shares in the last quarter. Commonwealth Equity Services LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 8.4% in the third quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock valued at $218,105,000 after purchasing an additional 285,180 shares during the last quarter. HighTower Advisors LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 2.4% during the 3rd quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock worth $212,643,000 after purchasing an additional 83,858 shares in the last quarter. Finally, RiverFront Investment Group LLC lifted its stake in JPMorgan Equity Premium Income ETF by 5.9% in the 2nd quarter. RiverFront Investment Group LLC now owns 3,005,845 shares of the company’s stock valued at $170,371,000 after buying an additional 166,821 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock opened at $59.10 on Friday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The stock has a fifty day moving average of $58.93 and a two-hundred day moving average of $58.52. The company has a market capitalization of $34.68 billion, a price-to-earnings 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.