SBI Securities Co. Ltd. Boosts Holdings in JPMorgan Equity Premium Income ETF $JEPI

SBI Securities Co. Ltd. increased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 239,964 shares of the company’s stock after purchasing an additional 17,903 shares during the period. SBI Securities Co. Ltd.’s holdings in JPMorgan Equity Premium Income ETF were worth $13,642,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. GHP Investment Advisors Inc. purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $25,000. Bartlett & CO. Wealth Management LLC bought a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at approximately $25,000. Millstone Evans Group LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 1st quarter valued at $29,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 1st quarter worth $29,000. Finally, Oliver Lagore Vanvalin Investment Group bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth $32,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $57.11 on Wednesday. The company has a market cap of $40.88 billion, a P/E ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $60.88. The stock’s fifty day moving average price is $56.87 and its 200-day moving average price is $56.53.

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.