Assetmark Inc. Purchases 1,637 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Assetmark Inc. lifted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 69,248 shares of the company’s stock after acquiring an additional 1,637 shares during the period. Assetmark Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $4,121,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Cetera Investment Advisers increased its holdings in JPMorgan Equity Premium Income ETF by 406.2% in the 1st quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock worth $239,292,000 after buying an additional 3,318,702 shares in the last quarter. Strategic Financial Concepts LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 6,254.5% during the second quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock valued at $595,000 after purchasing an additional 1,032,746 shares during the last quarter. JPMorgan Chase & Co. lifted its position in JPMorgan Equity Premium Income ETF by 3.8% during the first quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock valued at $1,274,807,000 after purchasing an additional 815,598 shares during the period. First Foundation Advisors lifted its position in JPMorgan Equity Premium Income ETF by 91.9% during the first quarter. First Foundation Advisors now owns 1,203,095 shares of the company’s stock valued at $69,611,000 after purchasing an additional 576,068 shares during the period. Finally, Sanctuary Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter worth approximately $31,505,000.

JPMorgan Equity Premium Income ETF Trading Down 0.2 %

Shares of JEPI opened at $59.97 on Wednesday. The firm has a market cap of $35.19 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1-year low of $53.67 and a 1-year high of $60.20. The firm has a fifty day simple moving average of $59.13 and a two-hundred day simple moving average of $57.63.

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.