Frank Rimerman Advisors LLC Purchases Shares of 10,108 JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Frank Rimerman Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 10,108 shares of the company’s stock, valued at approximately $582,000.

Other hedge funds have also added to or reduced their stakes in the company. US Bancorp DE lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 28.0% during the fourth quarter. US Bancorp DE now owns 28,673 shares of the company’s stock worth $1,650,000 after buying an additional 6,273 shares in the last quarter. Clarity Wealth Advisors LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 0.7% during the fourth quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock worth $3,204,000 after buying an additional 401 shares in the last quarter. Tandem Financial LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $757,000. Citigroup Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 51.8% during the third quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock worth $8,797,000 after buying an additional 50,459 shares in the last quarter. Finally, New England Private Wealth Advisors LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.4% during the fourth quarter. New England Private Wealth Advisors LLC now owns 145,266 shares of the company’s stock worth $8,357,000 after buying an additional 3,369 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $56.96 on Monday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The company has a market capitalization of $38.94 billion, a P/E ratio of 24.79 and a beta of 0.61. The stock has a fifty day moving average of $58.51 and a 200-day moving average of $58.93.

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.