JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Position Raised by Benchmark Financial Wealth Advisors LLC

Benchmark Financial Wealth Advisors LLC raised its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 18.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,030 shares of the company’s stock after purchasing an additional 3,473 shares during the quarter. Benchmark Financial Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,267,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Citigroup Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 51.8% during the 3rd quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock valued at $8,797,000 after purchasing an additional 50,459 shares in the last quarter. Accurate Wealth Management LLC acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $215,000. Whittier Trust Co. bought a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at $108,000. Creative Planning lifted its position in shares of JPMorgan Equity Premium Income ETF by 44.6% during the 3rd quarter. Creative Planning now owns 139,002 shares of the company’s stock valued at $8,272,000 after acquiring an additional 42,854 shares during the last quarter. Finally, Cornerstone Wealth Group LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 1.7% during the 3rd quarter. Cornerstone Wealth Group LLC now owns 75,109 shares of the company’s stock valued at $4,470,000 after acquiring an additional 1,235 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.5 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $58.94 on Thursday. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month high of $60.88. The firm has a market capitalization of $34.59 billion, a PE ratio of 24.40 and a beta of 0.53. The stock’s fifty day moving average is $58.75 and its 200-day moving average is $58.63.

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.