JPMorgan Equity Premium Income ETF $JEPI Shares Acquired by Patten Group Inc.

Patten Group Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 16.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 58,734 shares of the company’s stock after acquiring an additional 8,168 shares during the period. Patten Group Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $3,339,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Mather Group LLC. acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter worth $25,000. Bartlett & CO. Wealth Management LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth $25,000. Millstone Evans Group LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter worth $29,000. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter worth $29,000. Finally, Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth $32,000.

JPMorgan Equity Premium Income ETF Stock Up 0.6%

JEPI stock opened at $57.52 on Wednesday. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $60.88. The stock’s fifty day simple moving average is $56.88 and its 200-day simple moving average is $56.15. The stock has a market capitalization of $41.38 billion, a price-to-earnings 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.