JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stock Position Lifted by SNS Financial Group LLC

SNS Financial Group LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 15,881 shares of the company’s stock after acquiring an additional 318 shares during the period. SNS Financial Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $920,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Clarity Wealth Advisors LLC grew its position in JPMorgan Equity Premium Income ETF by 0.7% during the fourth quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock valued at $3,204,000 after purchasing an additional 401 shares in the last quarter. Tandem Financial LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $757,000. Citigroup Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 51.8% in the third quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock valued at $8,797,000 after acquiring an additional 50,459 shares during the last quarter. Accurate Wealth Management LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $215,000. Finally, Whittier Trust Co. acquired a new stake in JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $108,000.

JPMorgan Equity Premium Income ETF Stock Up 0.6 %

NYSEARCA JEPI opened at $59.71 on Thursday. The stock has a market capitalization of $35.04 billion, a PE ratio of 24.40 and a beta of 0.53. The company has a 50 day moving average price of $58.57 and a two-hundred day moving average price of $58.79. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month high of $60.88.

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.