D.A. Davidson & CO. Boosts Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

D.A. Davidson & CO. increased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.0% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 159,743 shares of the company’s stock after buying an additional 10,386 shares during the quarter. D.A. Davidson & CO.’s holdings in JPMorgan Equity Premium Income ETF were worth $9,506,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in JEPI. O Shaughnessy Asset Management LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 3,500.0% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,800 shares of the company’s stock worth $104,000 after purchasing an additional 1,750 shares in the last quarter. Ancora Advisors LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 16.7% in the first quarter. Ancora Advisors LLC now owns 40,112 shares of the company’s stock worth $2,321,000 after buying an additional 5,747 shares in the last quarter. Advisory Resource Group boosted its position in shares of JPMorgan Equity Premium Income ETF by 2.3% during the first quarter. Advisory Resource Group now owns 188,096 shares of the company’s stock worth $10,883,000 after acquiring an additional 4,148 shares during the last quarter. Highlander Capital Management LLC grew its stake in JPMorgan Equity Premium Income ETF by 6.1% during the first quarter. Highlander Capital Management LLC now owns 13,715 shares of the company’s stock valued at $794,000 after acquiring an additional 785 shares in the last quarter. Finally, Pacific Center for Financial Services grew its stake in JPMorgan Equity Premium Income ETF by 3.0% during the first quarter. Pacific Center for Financial Services now owns 640,846 shares of the company’s stock valued at $37,079,000 after acquiring an additional 18,697 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.3 %

Shares of JEPI stock opened at $60.68 on Wednesday. The company’s fifty day simple moving average is $59.39 and its two-hundred day simple moving average is $57.85. JPMorgan Equity Premium Income ETF has a 52 week low of $54.27 and a 52 week high of $60.68. The stock has a market cap of $35.61 billion, a P/E 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.