Archford Capital Strategies LLC Purchases 4,842 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Archford Capital Strategies LLC increased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 109.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,277 shares of the company’s stock after acquiring an additional 4,842 shares during the period. Archford Capital Strategies LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $534,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JEPI. Mattern Wealth Management LLC raised its stake in JPMorgan Equity Premium Income ETF by 2.2% in the third quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock worth $480,000 after buying an additional 174 shares in the last quarter. Empirical Asset Management LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 4.0% during the third quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock worth $278,000 after purchasing an additional 179 shares in the last quarter. Aviance Capital Partners LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 1.1% during the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock worth $1,030,000 after purchasing an additional 194 shares in the last quarter. Fortis Advisors LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 2.0% during the fourth quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock valued at $578,000 after buying an additional 196 shares during the last quarter. Finally, Hudock Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 4.5% during the third quarter. Hudock Inc. now owns 4,608 shares of the company’s stock valued at $274,000 after buying an additional 199 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $59.10 on Monday. The firm has a market capitalization of $34.68 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88. The company’s fifty day moving average price is $58.93 and its 200-day moving average price is $58.53.

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.