TFB Advisors LLC Increases Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

TFB Advisors LLC increased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 31.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,630 shares of the company’s stock after buying an additional 2,525 shares during the quarter. TFB Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $612,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JEPI. Clarity Wealth Advisors LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 0.7% in the 4th quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock worth $3,204,000 after acquiring an additional 401 shares during the period. Tandem Financial LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at $757,000. Citigroup Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 51.8% during the 3rd quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock valued at $8,797,000 after purchasing an additional 50,459 shares in the last quarter. Accurate Wealth Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth $215,000. Finally, Whittier Trust Co. purchased a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $108,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $59.20 on Wednesday. The company’s 50-day simple moving average is $58.63 and its 200-day simple moving average is $58.71. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88. The stock has a market capitalization of $34.74 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.