JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Acquired by MidWestOne Financial Group Inc.

MidWestOne Financial Group Inc. boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 88.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 103,605 shares of the company’s stock after buying an additional 48,741 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 1.1% of MidWestOne Financial Group Inc.’s holdings, making the stock its 10th biggest position. MidWestOne Financial Group Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $5,872,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of JEPI. HHM Wealth Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at about $28,000. Larson Financial Group LLC increased its position in JPMorgan Equity Premium Income ETF by 129.8% in the 1st quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock worth $32,000 after buying an additional 314 shares during the period. Burkett Financial Services LLC bought a new position in JPMorgan Equity Premium Income ETF in the 1st quarter worth approximately $35,000. Morris Financial Concepts Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 114.1% during the first quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock worth $36,000 after buying an additional 331 shares during the last quarter. Finally, Beaird Harris Wealth Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $38,000.

JPMorgan Equity Premium Income ETF Trading Up 0.2 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $59.41 on Friday. JPMorgan Equity Premium Income ETF has a 1 year low of $51.38 and a 1 year high of $59.58. The company’s fifty day simple moving average is $57.77 and its 200-day simple moving average is $57.07. The company has a market cap of $34.86 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

JPMorgan Equity Premium Income ETF 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.