Acorn Wealth Advisors LLC Grows Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Acorn Wealth Advisors LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.7% during the third quarter, HoldingsChannel reports. The firm owned 47,281 shares of the company’s stock after purchasing an additional 1,683 shares during the period. JPMorgan Equity Premium Income ETF comprises 1.2% of Acorn Wealth Advisors LLC’s portfolio, making the stock its 19th largest holding. Acorn Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,814,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. O Shaughnessy Asset Management LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 3,500.0% during the first quarter. O Shaughnessy Asset Management LLC now owns 1,800 shares of the company’s stock worth $104,000 after buying an additional 1,750 shares during the period. Waverly Advisors LLC boosted its position in JPMorgan Equity Premium Income ETF by 25.1% during the first quarter. Waverly Advisors LLC now owns 61,442 shares of the company’s stock valued at $3,555,000 after purchasing an additional 12,342 shares in the last quarter. Ancora Advisors LLC grew its stake in 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 valued at $2,321,000 after purchasing an additional 5,747 shares during the last quarter. B. Riley Wealth Advisors Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 11.6% in the first quarter. B. Riley Wealth Advisors Inc. now owns 454,629 shares of the company’s stock worth $24,350,000 after purchasing an additional 47,114 shares in the last quarter. Finally, DCM Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter valued at about $202,000.

JPMorgan Equity Premium Income ETF Stock Up 0.6 %

Shares of JPMorgan Equity Premium Income ETF stock traded up $0.34 on Monday, reaching $60.50. The stock had a trading volume of 403,273 shares, compared to its average volume of 3,137,391. JPMorgan Equity Premium Income ETF has a 1 year low of $54.27 and a 1 year high of $60.50. The company has a 50 day moving average price of $59.36 and a 200 day moving average price of $57.83. The stock has a market capitalization of $35.50 billion, a P/E 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.