BTS Asset Management Inc. Has $549,000 Stock Position in JPMorgan Equity Premium Income ETF $JEPI

BTS Asset Management Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,659 shares of the company’s stock after purchasing an additional 271 shares during the period. JPMorgan Equity Premium Income ETF accounts for 0.7% of BTS Asset Management Inc.’s investment portfolio, making the stock its 7th biggest holding. BTS Asset Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $549,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Mather Group LLC. purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter worth approximately $25,000. Bartlett & CO. Wealth Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $25,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter worth approximately $29,000. Millstone Evans Group LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter worth approximately $29,000. Finally, Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $32,000.

JPMorgan Equity Premium Income ETF Stock Up 0.6%

Shares of JEPI stock opened at $57.52 on Wednesday. The company has a 50 day moving average of $56.88 and a 200-day moving average of $56.15. JPMorgan Equity Premium Income ETF has a 12-month low of $49.94 and a 12-month high of $60.88. The firm has a market cap of $41.38 billion, a P/E ratio of 23.93 and a beta of 0.62.

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.