JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Position Increased by Fermata Advisors LLC

Fermata Advisors LLC raised its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 141.8% during the fourth quarter, HoldingsChannel reports. The firm owned 181,882 shares of the company’s stock after purchasing an additional 106,647 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 2.0% of Fermata Advisors LLC’s investment portfolio, making the stock its 8th largest position. Fermata Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,464,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Salomon & Ludwin LLC purchased a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter worth $25,000. Running Point Capital Advisors LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 131.2% in the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after purchasing an additional 362 shares during the period. Brown Lisle Cummings Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 48.0% in the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after purchasing an additional 255 shares during the period. Pathway Financial Advisers LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter worth about $49,000. Finally, Abound Wealth Management lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 1,320.8% during the fourth quarter. Abound Wealth Management now owns 1,094 shares of the company’s stock worth $63,000 after purchasing an additional 1,017 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.4 %

Shares of NYSEARCA:JEPI opened at $58.25 on Friday. JPMorgan Equity Premium Income ETF has a twelve month low of $54.72 and a twelve month high of $60.88. The company’s 50 day moving average is $59.07 and its 200 day moving average is $58.39. The company has a market cap of $34.18 billion, a PE 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.