Clarity Wealth Advisors LLC Grows Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Clarity Wealth Advisors LLC increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.7% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 55,688 shares of the company’s stock after acquiring an additional 401 shares during the period. Clarity Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,204,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JEPI. JPMorgan Chase & Co. boosted its position in shares of JPMorgan Equity Premium Income ETF by 18.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after purchasing an additional 3,536,406 shares during the period. Strategic Financial Concepts LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 4,498.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,301,762 shares of the company’s stock worth $74,890,000 after buying an additional 1,273,452 shares during the period. Eaton Financial Holdings Company LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at $51,202,000. World Investment Advisors LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 748.5% in the 3rd quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock valued at $47,971,000 after buying an additional 711,094 shares during the period. Finally, Marks Wealth LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter worth about $29,284,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $58.79 on Friday. The stock has a market capitalization of $34.50 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The business has a 50-day moving average of $58.68 and a 200 day moving average of $58.64. JPMorgan Equity Premium Income ETF has a 12 month low of $54.77 and a 12 month high of $60.88.

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.