First PREMIER Bank Boosts Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

First PREMIER Bank boosted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 41,810 shares of the company’s stock after acquiring an additional 976 shares during the period. First PREMIER Bank’s holdings in JPMorgan Equity Premium Income ETF were worth $2,488,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of JEPI. Global Trust Asset Management LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 146.8% in the first quarter. Global Trust Asset Management LLC now owns 1,513 shares of the company’s stock worth $88,000 after buying an additional 900 shares during the last quarter. Optimum Investment Advisors raised its holdings in shares of JPMorgan Equity Premium Income ETF by 331.3% in the first quarter. Optimum Investment Advisors now owns 1,294 shares of the company’s stock worth $75,000 after buying an additional 994 shares during the last quarter. Napa Wealth Management purchased a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth $1,254,000. WNY Asset Management LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 36.3% in the fourth quarter. WNY Asset Management LLC now owns 224,379 shares of the company’s stock worth $12,336,000 after buying an additional 59,752 shares during the last quarter. Finally, Raymond James & Associates raised its holdings in shares of JPMorgan Equity Premium Income ETF by 22.2% in the second quarter. Raymond James & Associates now owns 2,421,638 shares of the company’s stock worth $137,258,000 after buying an additional 439,155 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.1 %

NYSEARCA JEPI opened at $59.03 on Wednesday. The company has a fifty day simple moving average of $58.09 and a two-hundred day simple moving average of $57.15. The stock has a market cap of $34.64 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12-month low of $51.38 and a 12-month high of $59.58.

JPMorgan Equity Premium Income ETF Company 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.