Sfmg LLC Has $10.61 Million Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Sfmg LLC grew its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 193,061 shares of the company’s stock after buying an additional 6,036 shares during the quarter. JPMorgan Equity Premium Income ETF makes up approximately 1.0% of Sfmg LLC’s portfolio, making the stock its 14th largest position. Sfmg LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,614,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Private Advisor Group LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $375,000. PNC Financial Services Group Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 1,098.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 18,552 shares of the company’s stock valued at $1,140,000 after acquiring an additional 17,004 shares during the period. Synovus Financial Corp acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter worth $714,000. Cibc World Market Inc. raised its stake in JPMorgan Equity Premium Income ETF by 22.3% in the first quarter. Cibc World Market Inc. now owns 11,405 shares of the company’s stock valued at $700,000 after purchasing an additional 2,080 shares in the last quarter. Finally, Blair William & Co. IL raised its stake in JPMorgan Equity Premium Income ETF by 10.9% in the first quarter. Blair William & Co. IL now owns 8,901 shares of the company’s stock valued at $547,000 after purchasing an additional 878 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.4 %

JPMorgan Equity Premium Income ETF stock traded down $0.23 during trading hours on Wednesday, reaching $55.47. 1,139,813 shares of the stock were exchanged, compared to its average volume of 3,589,723. JPMorgan Equity Premium Income ETF has a twelve month low of $51.38 and a twelve month high of $57.94. The company has a market cap of $32.49 billion, a P/E ratio of 24.51 and a beta of 0.54. The stock has a 50 day moving average of $56.86 and a two-hundred day moving average of $55.26.

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.