JPMorgan Equity Premium Income ETF $JEPI Shares Purchased by Fermata Advisors LLC

Fermata Advisors LLC raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 229,595 shares of the company’s stock after purchasing an additional 12,699 shares during the period. JPMorgan Equity Premium Income ETF comprises about 3.3% of Fermata Advisors LLC’s investment portfolio, making the stock its 2nd largest position. Fermata Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $13,110,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Bartlett & CO. Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $25,000. GHP Investment Advisors Inc. purchased a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter worth approximately $25,000. Clarity Asset Management Inc. acquired a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at $25,000. Pin Oak Investment Advisors Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 73.6% during the 2nd quarter. Pin Oak Investment Advisors Inc. now owns 500 shares of the company’s stock worth $28,000 after purchasing an additional 212 shares during the period. Finally, Asset Dedication LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth $28,000.

JPMorgan Equity Premium Income ETF Stock Up 0.3%

Shares of NYSEARCA:JEPI opened at $57.41 on Friday. The company has a market cap of $41.09 billion, a P/E ratio of 23.93 and a beta of 0.60. The business has a fifty day simple moving average of $57.03 and a 200-day simple moving average of $56.78. JPMorgan Equity Premium Income ETF has a 52 week low of $49.94 and a 52 week high of $59.73.

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.