Arrowroot Family Office LLC Raises Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Arrowroot Family Office LLC grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 11.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,297 shares of the company’s stock after purchasing an additional 1,438 shares during the period. Arrowroot Family Office LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $851,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Raymond James & Associates raised its holdings in JPMorgan Equity Premium Income ETF by 22.2% in the second quarter. Raymond James & Associates now owns 2,421,638 shares of the company’s stock worth $137,258,000 after purchasing an additional 439,155 shares in the last quarter. Marshall Financial Group LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 132.0% during the second quarter. Marshall Financial Group LLC now owns 110,766 shares of the company’s stock worth $6,278,000 after purchasing an additional 63,018 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 39.5% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 15,980 shares of the company’s stock worth $906,000 after purchasing an additional 4,524 shares in the last quarter. Heritage Wealth Management Inc. purchased a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter worth $978,000. Finally, Summit Wealth Partners LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 1.3% in the second quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock worth $4,360,000 after acquiring an additional 957 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $60.83 on Monday. The company’s fifty day moving average price is $59.53 and its 200-day moving average price is $57.95. JPMorgan Equity Premium Income ETF has a 1-year low of $54.27 and a 1-year high of $60.88. The firm has a market capitalization of $35.70 billion, a PE ratio of 24.40 and a beta of 0.53.

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.