AdvisorNet Financial Inc Has $16.32 Million Position in JPMorgan Equity Premium Income ETF $JEPI

AdvisorNet Financial Inc increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 285,063 shares of the company’s stock after buying an additional 19,180 shares during the period. AdvisorNet Financial Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $16,317,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in JPMorgan Equity Premium Income ETF by 290.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,984 shares of the company’s stock worth $285,000 after buying an additional 3,709 shares during the period. Three Magnolias Financial Advisors LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 0.4% during the fourth quarter. Three Magnolias Financial Advisors LLC now owns 81,433 shares of the company’s stock worth $4,661,000 after buying an additional 293 shares during the period. Midwest Financial Group LLC raised its stake in JPMorgan Equity Premium Income ETF by 10.6% during the fourth quarter. Midwest Financial Group LLC now owns 4,926 shares of the company’s stock worth $282,000 after buying an additional 474 shares during the last quarter. Kavar Capital Partners Group LLC bought a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth $205,000. Finally, MRA Advisory Group lifted its holdings in JPMorgan Equity Premium Income ETF by 14.0% in the fourth quarter. MRA Advisory Group now owns 15,906 shares of the company’s stock valued at $910,000 after buying an additional 1,954 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.45 on Friday. The firm has a market cap of $41.60 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. The stock’s 50-day moving average is $58.13 and its 200 day moving average is $57.56. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $59.90.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.