StoneCrest Wealth Management Inc. Raises Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

StoneCrest Wealth Management Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 68,019 shares of the company’s stock after acquiring an additional 3,732 shares during the period. JPMorgan Equity Premium Income ETF accounts for 2.6% of StoneCrest Wealth Management Inc.’s holdings, making the stock its 17th biggest position. StoneCrest Wealth Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $3,913,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in shares of JPMorgan Equity Premium Income ETF by 18.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after purchasing an additional 3,536,406 shares in the last quarter. Cetera Investment Advisers raised its stake in JPMorgan Equity Premium Income ETF by 1.3% in the second quarter. Cetera Investment Advisers now owns 4,188,012 shares of the company’s stock valued at $237,377,000 after buying an additional 52,301 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 8.4% in the third quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock worth $218,105,000 after acquiring an additional 285,180 shares in the last quarter. HighTower Advisors LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 2.4% during the third quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock worth $212,643,000 after acquiring an additional 83,858 shares during the last quarter. Finally, RiverFront Investment Group LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 5.9% during the second quarter. RiverFront Investment Group LLC now owns 3,005,845 shares of the company’s stock worth $170,371,000 after acquiring an additional 166,821 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.4 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $58.25 on Friday. The company has a 50 day moving average price of $59.05 and a 200 day moving average price of $58.39. The firm has a market capitalization of $34.18 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52 week low of $54.72 and a 52 week high of $60.88.

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.