JPMorgan Equity Premium Income ETF $JEPI Shares Acquired by Heritage Wealth Management Inc.

Heritage Wealth Management Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 38.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,129 shares of the company’s stock after buying an additional 9,722 shares during the period. Heritage Wealth Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,997,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JEPI. Kingstone Capital Partners Texas LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 387,324.3% during the second quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock worth $22,736,908,000 after buying an additional 401,771,477 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 17.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 8,939,325 shares of the company’s stock worth $508,201,000 after acquiring an additional 1,327,996 shares during the period. Royal Bank of Canada increased its stake in JPMorgan Equity Premium Income ETF by 10.5% in the 1st quarter. Royal Bank of Canada now owns 8,119,139 shares of the company’s stock valued at $463,927,000 after purchasing an additional 772,858 shares in the last quarter. Nationwide Fund Advisors acquired a new position in JPMorgan Equity Premium Income ETF during the second quarter worth $396,998,000. Finally, Raymond James Financial Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 14.9% during the first quarter. Raymond James Financial Inc. now owns 6,435,593 shares of the company’s stock worth $367,730,000 after purchasing an additional 833,285 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock opened at $57.41 on Thursday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $59.86. The firm has a market capitalization of $41.09 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. The stock’s fifty day moving average is $56.95 and its two-hundred day moving average is $56.72.

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.