Financial Perspectives Inc Has $190,000 Stock Position in JPMorgan Equity Premium Income ETF $JEPI

Financial Perspectives Inc reduced its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 11.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,338 shares of the company’s stock after selling 424 shares during the period. Financial Perspectives Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $190,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in JEPI. Kingstone Capital Partners Texas LLC raised its position in JPMorgan Equity Premium Income ETF by 387,324.3% during the second quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock valued at $22,736,908,000 after purchasing an additional 401,771,477 shares in the last quarter. JPMorgan Chase & Co. raised its position in JPMorgan Equity Premium Income ETF by 35.9% during the first quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock valued at $1,609,887,000 after purchasing an additional 7,443,750 shares in the last quarter. Nationwide Fund Advisors acquired a new position in JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $396,998,000. Raymond James Financial Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 14.9% during the first quarter. Raymond James Financial Inc. now owns 6,435,593 shares of the company’s stock worth $367,730,000 after buying an additional 833,285 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 18.9% during the first quarter. Commonwealth Equity Services LLC now owns 4,903,295 shares of the company’s stock worth $280,174,000 after buying an additional 778,433 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $56.86 on Monday. The company has a fifty day moving average of $56.84 and a 200-day moving average of $56.10. The company has a market capitalization of $41.02 billion, a PE ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week 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.