Patrick M Sweeney & Associates Inc. Raises Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Patrick M Sweeney & Associates Inc. grew its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.4% during the 4th quarter, Holdings Channel reports. The fund owned 6,296 shares of the company’s stock after acquiring an additional 323 shares during the period. Patrick M Sweeney & Associates Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $362,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. JPMorgan Chase & Co. lifted its position in shares of JPMorgan Equity Premium Income ETF by 18.8% in the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after acquiring an additional 3,536,406 shares in the last quarter. Cetera Investment Advisers lifted its position 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 acquiring an additional 52,301 shares in the last quarter. Commonwealth Equity Services LLC lifted 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 acquiring an additional 285,180 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 2.4% in the third quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock valued at $212,643,000 after acquiring an additional 83,858 shares in the last quarter. Finally, RiverFront Investment Group LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 5.9% in the second quarter. RiverFront Investment Group LLC now owns 3,005,845 shares of the company’s stock valued at $170,371,000 after acquiring an additional 166,821 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.3 %

Shares of NYSEARCA:JEPI opened at $59.29 on Tuesday. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88. The stock’s fifty day simple moving average is $58.92 and its 200-day simple moving average is $58.55. The company has a market capitalization of $34.79 billion, a P/E 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.