JPMorgan Equity Premium Income ETF $JEPI Stock Position Lifted by Cornerstone Enterprises LLC

Cornerstone Enterprises LLC increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 11.7% during the 2nd quarter, Holdings Channel reports. The firm owned 498,682 shares of the company’s stock after buying an additional 52,202 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 15.3% of Cornerstone Enterprises LLC’s investment portfolio, making the stock its 2nd biggest position. Cornerstone Enterprises LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $28,350,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Vontobel Holding Ltd. grew its stake in shares of JPMorgan Equity Premium Income ETF by 5.1% in the second quarter. Vontobel Holding Ltd. now owns 5,531 shares of the company’s stock worth $314,000 after purchasing an additional 267 shares during the last quarter. Horizon Advisory Services Inc. boosted its position in JPMorgan Equity Premium Income ETF by 2.0% during the 2nd quarter. Horizon Advisory Services Inc. now owns 473,982 shares of the company’s stock valued at $26,946,000 after acquiring an additional 9,288 shares in the last quarter. Morey & Quinn Wealth Partners LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $209,000. Ignite Planners LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 1.4% during the second quarter. Ignite Planners LLC now owns 60,910 shares of the company’s stock valued at $3,470,000 after purchasing an additional 843 shares during the last quarter. Finally, Fortis Advisors LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.6% during the second quarter. Fortis Advisors LLC now owns 9,646 shares of the company’s stock valued at $548,000 after purchasing an additional 244 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.1%

Shares of NYSEARCA JEPI opened at $56.91 on Thursday. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month high of $60.88. The firm has a market cap of $41.17 billion, a P/E ratio of 23.93 and a beta of 0.62. The company has a 50 day moving average of $56.75 and a 200 day moving average of $56.14.

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.