Harbour Investments Inc. Grows Position in JPMorgan Equity Premium Income ETF $JEPI

Harbour Investments Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.8% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 192,783 shares of the company’s stock after purchasing an additional 5,284 shares during the quarter. Harbour Investments Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $10,960,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. J.Safra Asset Management Corp purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $820,000. Courier Capital LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 13.2% during the second quarter. Courier Capital LLC now owns 209,509 shares of the company’s stock valued at $11,911,000 after purchasing an additional 24,511 shares during the period. Melia Wealth LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 5.5% during the second quarter. Melia Wealth LLC now owns 645,241 shares of the company’s stock valued at $36,682,000 after purchasing an additional 33,358 shares during the period. RFG Advisory LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 60.3% during the second quarter. RFG Advisory LLC now owns 103,998 shares of the company’s stock valued at $5,912,000 after purchasing an additional 39,116 shares during the period. Finally, Acorn Financial Advisory Services Inc. ADV boosted its stake in shares of JPMorgan Equity Premium Income ETF by 14.6% during the second quarter. Acorn Financial Advisory Services Inc. ADV now owns 4,864 shares of the company’s stock valued at $277,000 after purchasing an additional 619 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $56.88 on Wednesday. The business has a 50 day moving average price of $56.79 and a 200-day moving average price of $56.10. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $60.88. The firm has a market cap of $41.16 billion, a PE ratio of 23.93 and a beta of 0.62.

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.