FSB Premier Wealth Management Inc. Grows Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

FSB Premier Wealth Management Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 46.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 29,901 shares of the company’s stock after purchasing an additional 9,502 shares during the period. FSB Premier Wealth Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,720,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Raymond James Financial Inc. acquired a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $322,301,000. JPMorgan Chase & Co. grew its position in shares of JPMorgan Equity Premium Income ETF by 18.8% in the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after purchasing an additional 3,536,406 shares during the last quarter. Strategic Financial Concepts LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 4,498.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 1,301,762 shares of the company’s stock worth $74,890,000 after purchasing an additional 1,273,452 shares in the last quarter. Eaton Financial Holdings Company LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $51,202,000. Finally, World Investment Advisors LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 748.5% during the 3rd quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock worth $47,971,000 after purchasing an additional 711,094 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 1.2 %

NYSEARCA JEPI opened at $56.68 on Monday. The stock has a market cap of $38.75 billion, a price-to-earnings ratio of 24.79 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The business has a fifty day moving average of $58.41 and a 200-day moving average of $58.87.

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.