Laraway Financial Advisors Inc Has $396,000 Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Laraway Financial Advisors Inc boosted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,875 shares of the company’s stock after acquiring an additional 250 shares during the quarter. Laraway Financial Advisors Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $396,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Raymond James Financial Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at approximately $322,301,000. JPMorgan Chase & Co. grew its stake 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 valued at $1,332,380,000 after buying an additional 3,536,406 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of JPMorgan Equity Premium Income ETF by 16.4% in the 4th quarter. Wells Fargo & Company MN now owns 14,555,046 shares of the company’s stock valued at $837,352,000 after buying an additional 2,051,299 shares in the last quarter. Strategic Financial Concepts LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 4,498.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,301,762 shares of the company’s stock valued at $74,890,000 after buying an additional 1,273,452 shares in the last quarter. Finally, Cary Street Partners Financial LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at approximately $53,537,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $55.65 on Monday. The business has a 50 day moving average price of $55.54 and a 200 day moving average price of $57.81. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month high of $60.88. The firm has a market cap of $38.53 billion, a P/E ratio of 23.72 and a beta of 0.61.

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.