Bank of Jackson Hole Trust Buys Shares of 483 JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Bank of Jackson Hole Trust bought a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 483 shares of the company’s stock, valued at approximately $28,000.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Creative Capital Management Investments LLC acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $32,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its stake in JPMorgan Equity Premium Income ETF by 16.7% in the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 9,839 shares of the company’s stock valued at $566,000 after buying an additional 1,409 shares during the period. Steele Capital Management Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 3.8% in the fourth quarter. Steele Capital Management Inc. now owns 344,275 shares of the company’s stock valued at $19,937,000 after buying an additional 12,713 shares during the period. BKM Wealth Management LLC lifted its stake in JPMorgan Equity Premium Income ETF by 2.9% in the fourth quarter. BKM Wealth Management LLC now owns 30,787 shares of the company’s stock valued at $1,771,000 after buying an additional 875 shares during the period. Finally, Kestra Investment Management LLC lifted its stake in JPMorgan Equity Premium Income ETF by 15.6% in the fourth quarter. Kestra Investment Management LLC now owns 12,298 shares of the company’s stock valued at $708,000 after buying an additional 1,656 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $59.71 on Friday. The firm has a market cap of $35.04 billion, a P/E ratio of 24.40 and a beta of 0.53. The stock’s 50-day moving average is $58.57 and its 200-day moving average is $58.80. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88.

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.