Savant Capital LLC Grows Stake in JPMorgan Equity Premium Income ETF $JEPI

Savant Capital LLC grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3,250.6% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 642,072 shares of the company’s stock after purchasing an additional 622,909 shares during the quarter. Savant Capital LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $36,502,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in JEPI. GHP Investment Advisors Inc. bought a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter worth about $25,000. Bartlett & CO. Wealth Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth approximately $25,000. Millstone Evans Group LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the first quarter valued at approximately $29,000. Mowery & Schoenfeld Wealth Management LLC purchased a new position in JPMorgan Equity Premium Income ETF during the first quarter valued at approximately $29,000. Finally, Oliver Lagore Vanvalin Investment Group bought a new position in JPMorgan Equity Premium Income ETF in the second quarter worth approximately $32,000.

JPMorgan Equity Premium Income ETF Trading Down 0.4%

Shares of NYSEARCA JEPI opened at $56.25 on Friday. JPMorgan Equity Premium Income ETF has a 12-month low of $49.94 and a 12-month high of $60.88. The stock’s fifty day simple moving average is $56.88 and its two-hundred day simple moving average is $56.44. The stock has a market capitalization of $40.26 billion, a PE ratio of 23.93 and a beta of 0.60.

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.