Apexium Financial LP Purchases 55,018 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Apexium Financial LP grew its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 141.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 94,019 shares of the company’s stock after buying an additional 55,018 shares during the quarter. Apexium Financial LP’s holdings in JPMorgan Equity Premium Income ETF were worth $5,436,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of Montreal Can raised its position in JPMorgan Equity Premium Income ETF by 8.8% in the second quarter. Bank of Montreal Can now owns 41,865 shares of the company’s stock worth $2,382,000 after acquiring an additional 3,374 shares during the period. AQR Capital Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $295,000. Sepio Capital LP raised its holdings in shares of JPMorgan Equity Premium Income ETF by 2.4% in the 2nd quarter. Sepio Capital LP now owns 18,888 shares of the company’s stock worth $1,071,000 after purchasing an additional 438 shares during the period. Creative Planning lifted its stake in JPMorgan Equity Premium Income ETF by 7.5% in the second quarter. Creative Planning now owns 96,148 shares of the company’s stock valued at $5,450,000 after purchasing an additional 6,687 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in JPMorgan Equity Premium Income ETF by 14.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,132,770 shares of the company’s stock valued at $120,885,000 after purchasing an additional 264,714 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $59.10 on Monday. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88. The stock’s fifty day moving average price is $58.93 and its two-hundred day moving average price is $58.53. The firm has a market cap of $34.68 billion, a PE ratio of 24.40 and a beta of 0.53.

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.