Noble Wealth Management PBC Invests $2.36 Million in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Noble Wealth Management PBC purchased a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 41,091 shares of the company’s stock, valued at approximately $2,364,000. JPMorgan Equity Premium Income ETF accounts for approximately 1.6% of Noble Wealth Management PBC’s holdings, making the stock its 17th largest position.

Other large investors have also made changes to their positions in the company. Bank of Jackson Hole Trust acquired a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $28,000. Ulland Investment Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $31,000. Creative Capital Management Investments LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at $32,000. Running Point Capital Advisors LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 131.2% during the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after buying an additional 362 shares during the last quarter. Finally, Missouri Trust & Investment Co grew its holdings in shares of JPMorgan Equity Premium Income ETF by 737.2% during the fourth quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock valued at $41,000 after buying an additional 634 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $59.41 on Friday. The firm has a market capitalization of $39.71 billion, a PE ratio of 25.75 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88. The company’s fifty day moving average price is $58.64 and its 200-day moving average price is $58.94.

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.