FourThought Financial Partners LLC Boosts Stock Position in JPMorgan Equity Premium Income ETF $JEPI

FourThought Financial Partners LLC boosted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 66,923 shares of the company’s stock after acquiring an additional 3,035 shares during the quarter. FourThought Financial Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,805,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of JEPI. Bartlett & CO. Wealth Management LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth about $25,000. GHP Investment Advisors Inc. purchased a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $25,000. Pin Oak Investment Advisors Inc. lifted its holdings in JPMorgan Equity Premium Income ETF by 73.6% during the 2nd quarter. Pin Oak Investment Advisors Inc. now owns 500 shares of the company’s stock worth $28,000 after buying an additional 212 shares in the last quarter. Oliver Lagore Vanvalin Investment Group purchased a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at approximately $32,000. Finally, Vision Financial Markets LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter worth $47,000.

JPMorgan Equity Premium Income ETF Trading Up 0.4%

JPMorgan Equity Premium Income ETF stock opened at $56.84 on Tuesday. The firm has a market capitalization of $40.68 billion, a P/E ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month high of $60.88. The stock’s fifty day simple moving average is $56.82 and its 200-day simple moving average is $56.60.

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.