Florida Financial Advisors LLC Acquires 2,468 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Florida Financial Advisors LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 54.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,014 shares of the company’s stock after buying an additional 2,468 shares during the quarter. Florida Financial Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $404,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bay Capital Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth $3,148,000. Potentia Wealth purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $447,000. PKS Advisory Services LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth $1,909,000. Signature Estate & Investment Advisors LLC grew its position in JPMorgan Equity Premium Income ETF by 6.3% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 48,645 shares of the company’s stock worth $2,799,000 after acquiring an additional 2,862 shares in the last quarter. Finally, Zions Bancorporation N.A. bought a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $863,000.

JPMorgan Equity Premium Income ETF Trading Up 1.2 %

Shares of JEPI opened at $57.79 on Tuesday. The company’s fifty day simple moving average is $58.47 and its 200-day simple moving average is $58.89. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month high of $60.88. The company has a market cap of $39.51 billion, a P/E ratio of 24.79 and a beta of 0.61.

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.