Naviter Wealth LLC Has $7.24 Million Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Naviter Wealth LLC increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 130,685 shares of the company’s stock after buying an additional 6,421 shares during the quarter. JPMorgan Equity Premium Income ETF comprises approximately 1.5% of Naviter Wealth LLC’s investment portfolio, making the stock its 14th biggest position. Naviter Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $7,240,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Bfsg LLC grew its holdings in JPMorgan Equity Premium Income ETF by 8.4% during the 3rd quarter. Bfsg LLC now owns 5,172 shares of the company’s stock worth $277,000 after acquiring an additional 400 shares during the last quarter. Schmidt P J Investment Management Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 25.8% during the 3rd quarter. Schmidt P J Investment Management Inc. now owns 5,439 shares of the company’s stock worth $289,000 after acquiring an additional 1,116 shares during the last quarter. Brookstone Capital Management grew its holdings in JPMorgan Equity Premium Income ETF by 10.5% during the 3rd quarter. Brookstone Capital Management now owns 690,523 shares of the company’s stock worth $36,701,000 after acquiring an additional 65,480 shares during the last quarter. Lowe Wealth Advisors LLC grew its holdings in JPMorgan Equity Premium Income ETF by 2.6% during the 3rd quarter. Lowe Wealth Advisors LLC now owns 82,101 shares of the company’s stock worth $4,397,000 after acquiring an additional 2,054 shares during the last quarter. Finally, PDS Planning Inc bought a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $231,000.

JPMorgan Equity Premium Income ETF Trading Up 0.2 %

JEPI traded up $0.10 during trading on Monday, reaching $56.38. 2,038,314 shares of the company’s stock were exchanged, compared to its average volume of 3,549,336. The firm has a fifty day moving average price of $56.83 and a two-hundred day moving average price of $55.43. JPMorgan Equity Premium Income ETF has a one year low of $51.38 and a one year high of $57.94. The stock has a market capitalization of $33.03 billion, a PE ratio of 24.51 and a beta of 0.54.

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.