Magnus Financial Group LLC Grows Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Magnus Financial Group LLC grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 581,645 shares of the company’s stock after acquiring an additional 10,133 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 4.2% of Magnus Financial Group LLC’s investment portfolio, making the stock its 4th biggest holding. Magnus Financial Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $31,979,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Walter & Keenan Wealth Management LLC IN ADV purchased a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $1,778,000. Retirement Financial Solutions LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter worth $1,137,000. Modus Advisors LLC grew its stake in JPMorgan Equity Premium Income ETF by 3.7% during the third quarter. Modus Advisors LLC now owns 19,786 shares of the company’s stock valued at $1,060,000 after acquiring an additional 713 shares in the last quarter. Golden State Equity Partners increased its holdings in JPMorgan Equity Premium Income ETF by 13.9% in the 3rd quarter. Golden State Equity Partners now owns 24,214 shares of the company’s stock valued at $1,297,000 after acquiring an additional 2,963 shares during the last quarter. Finally, Bfsg LLC lifted its stake in JPMorgan Equity Premium Income ETF by 8.4% in the 3rd quarter. Bfsg LLC now owns 5,172 shares of the company’s stock worth $277,000 after purchasing an additional 400 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock traded up $0.17 during trading on Friday, reaching $56.28. 2,284,349 shares of the stock traded hands, compared to its average volume of 3,569,882. JPMorgan Equity Premium Income ETF has a 52-week low of $51.38 and a 52-week high of $57.94. The business has a fifty day simple moving average of $56.83 and a two-hundred day simple moving average of $55.41. The company has a market capitalization of $32.97 billion, a price-to-earnings ratio of 24.51 and a beta of 0.54.

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.