Arrowroot Family Office LLC Buys Shares of 18,496 JPMorgan Equity Premium Income ETF $JEPI

Arrowroot Family Office LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 18,496 shares of the company’s stock, valued at approximately $1,051,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in JEPI. Brighton Jones LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $402,000. Bank of New York Mellon Corp grew its holdings in shares of JPMorgan Equity Premium Income ETF by 4.8% during the 1st quarter. Bank of New York Mellon Corp now owns 586,093 shares of the company’s stock valued at $33,489,000 after purchasing an additional 26,611 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 11.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 7,611,329 shares of the company’s stock valued at $434,911,000 after purchasing an additional 774,664 shares during the last quarter. Crossmark Global Holdings Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 46.2% during the 1st quarter. Crossmark Global Holdings Inc. now owns 11,878 shares of the company’s stock valued at $679,000 after purchasing an additional 3,755 shares during the last quarter. Finally, Brown Advisory Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 2.2% during the 1st quarter. Brown Advisory Inc. now owns 30,345 shares of the company’s stock valued at $1,734,000 after purchasing an additional 656 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.39 on Wednesday. The firm has a market capitalization of $40.37 billion, a PE ratio of 23.93 and a beta of 0.60. The firm’s 50 day moving average is $56.91 and its 200 day moving average is $56.44. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $60.88.

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.