Northeast Financial Group Inc. Takes $2.95 Million Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Northeast Financial Group Inc. acquired a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPIFree Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 53,562 shares of the company’s stock, valued at approximately $2,945,000. JPMorgan Equity Premium Income ETF accounts for approximately 1.4% of Northeast Financial Group Inc.’s investment portfolio, making the stock its 19th largest position.

Several other institutional investors have also recently modified their holdings of JEPI. Sapient Capital LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at $285,000. AdvisorNet Financial Inc boosted its stake in shares of JPMorgan Equity Premium Income ETF by 2.4% during the 4th quarter. AdvisorNet Financial Inc now owns 35,624 shares of the company’s stock worth $1,959,000 after acquiring an additional 830 shares in the last quarter. EP Wealth Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at about $111,000. Modera Wealth Management LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter valued at about $207,000. Finally, Etesian Wealth Advisors Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 52.9% during the fourth quarter. Etesian Wealth Advisors Inc. now owns 8,331 shares of the company’s stock worth $458,000 after buying an additional 2,881 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock traded up $0.12 during trading on Friday, reaching $57.39. 2,511,234 shares of the company were exchanged, compared to its average volume of 3,448,919. The stock’s 50 day simple moving average is $56.78 and its two-hundred day simple moving average is $55.78. The company has a market capitalization of $33.68 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52-week low of $51.38 and a 52-week high of $57.94.

About JPMorgan Equity Premium Income ETF

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

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