JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Bought by Florida Financial Advisors LLC

Florida Financial Advisors LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 54.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 7,014 shares of the company’s stock after purchasing an additional 2,468 shares during the quarter. Florida Financial Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $404,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in JEPI. Consolidated Planning Corp increased its holdings in JPMorgan Equity Premium Income ETF by 0.5% in the fourth quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock valued at $1,931,000 after buying an additional 179 shares in the last quarter. Landmark Wealth Management LLC lifted its stake in JPMorgan Equity Premium Income ETF by 5.1% in the 4th quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock valued at $221,000 after buying an additional 185 shares in the last quarter. Fortis Advisors LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 2.0% in the 4th quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock worth $578,000 after buying an additional 196 shares during the last quarter. Beam Wealth Advisors Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 0.4% during the fourth quarter. Beam Wealth Advisors Inc. now owns 51,249 shares of the company’s stock valued at $2,948,000 after acquiring an additional 196 shares during the last quarter. Finally, Lakeridge Wealth Management LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 2.7% during the fourth quarter. Lakeridge Wealth Management LLC now owns 7,850 shares of the company’s stock worth $452,000 after purchasing an additional 206 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $57.79 on Tuesday. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88. The company has a market capitalization of $39.51 billion, a P/E ratio of 24.79 and a beta of 0.61. The company has a 50 day simple moving average of $58.47 and a 200-day simple moving average of $58.89.

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.