JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) is Fermata Advisors LLC’s 8th Largest Position

Fermata Advisors LLC raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 141.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). 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 accounts for approximately 2.0% of Fermata Advisors LLC’s holdings, making the stock its 8th biggest holding. Fermata Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,464,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Salomon & Ludwin LLC bought a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter valued at $25,000. Running Point Capital Advisors LLC increased its stake in JPMorgan Equity Premium Income ETF by 131.2% in the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after buying an additional 362 shares during the period. Brown Lisle Cummings Inc. increased its stake in JPMorgan Equity Premium Income ETF by 48.0% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after buying an additional 255 shares during the period. Pathway Financial Advisers LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at about $49,000. Finally, Abound Wealth Management grew its stake in JPMorgan Equity Premium Income ETF by 1,320.8% in the 4th quarter. Abound Wealth Management now owns 1,094 shares of the company’s stock worth $63,000 after acquiring an additional 1,017 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $58.25 on Friday. The firm’s 50 day simple moving average is $59.07 and its 200-day simple moving average is $58.39. JPMorgan Equity Premium Income ETF has a one year low of $54.72 and a one year high of $60.88. The firm 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 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.