Patrick M Sweeney & Associates Inc. Acquires 829 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Patrick M Sweeney & Associates Inc. raised its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 16.1% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 5,973 shares of the company’s stock after buying an additional 829 shares during the period. Patrick M Sweeney & Associates Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $355,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the business. HHM Wealth Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $28,000. Larson Financial Group LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 129.8% in the 1st quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock worth $32,000 after buying an additional 314 shares during the period. Morris Financial Concepts Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 114.1% during the 1st quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock worth $36,000 after buying an additional 331 shares in the last quarter. Beaird Harris Wealth Management LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 1st quarter worth $38,000. Finally, Whittier Trust Co. of Nevada Inc. increased its stake in shares of 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 valued at $41,000 after buying an additional 367 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $59.53 on Thursday. JPMorgan Equity Premium Income ETF has a 1-year low of $51.38 and a 1-year high of $59.97. The company has a 50-day moving average of $58.80 and a 200 day moving average of $57.32. The firm has a market cap of $34.93 billion, a PE ratio of 24.40 and a beta of 0.53.

JPMorgan Equity Premium Income ETF 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.