Bfsg LLC Has $260,000 Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Bfsg LLC grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.4% during the second quarter, Holdings Channel.com reports. The firm owned 4,589 shares of the company’s stock after acquiring an additional 355 shares during the quarter. Bfsg LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $260,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Larson Financial Group LLC grew its stake in JPMorgan Equity Premium Income ETF by 129.8% in the first quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after purchasing an additional 314 shares in the last quarter. Burkett Financial Services LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at $35,000. Morris Financial Concepts Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 114.1% in the first quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock valued at $36,000 after buying an additional 331 shares in the last quarter. Beaird Harris Wealth Management LLC acquired a new position in JPMorgan Equity Premium Income ETF during the first quarter worth $38,000. Finally, Whittier Trust Co. of Nevada Inc. raised its position in JPMorgan Equity Premium Income ETF by 105.2% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 716 shares of the company’s stock worth $41,000 after acquiring an additional 367 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock traded up $0.25 during trading hours on Thursday, reaching $58.55. The stock had a trading volume of 2,771,372 shares, compared to its average volume of 3,242,276. The stock has a 50-day simple moving average of $56.84 and a 200 day simple moving average of $56.75. JPMorgan Equity Premium Income ETF has a fifty-two week low of $51.38 and a fifty-two week high of $58.66. The stock has a market capitalization of $34.36 billion, a PE ratio of 24.40 and a beta of 0.53.

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.