F M Investments LLC Has $11.83 Million Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

F M Investments LLC grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1,289.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 205,580 shares of the company’s stock after purchasing an additional 190,785 shares during the quarter. F M Investments LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $11,827,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in JEPI. Potentia Wealth bought a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth $447,000. Florida Financial Advisors LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 54.3% during the fourth quarter. Florida Financial Advisors LLC now owns 7,014 shares of the company’s stock worth $404,000 after buying an additional 2,468 shares during the last quarter. US Bancorp DE grew its position in shares of JPMorgan Equity Premium Income ETF by 28.0% during the 4th quarter. US Bancorp DE now owns 28,673 shares of the company’s stock worth $1,650,000 after buying an additional 6,273 shares during the period. Clarity Wealth Advisors LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 0.7% in the 4th quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock valued at $3,204,000 after acquiring an additional 401 shares during the last quarter. Finally, Tandem Financial LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at approximately $757,000.

JPMorgan Equity Premium Income ETF Stock Up 7.2 %

Shares of JEPI stock opened at $54.80 on Thursday. JPMorgan Equity Premium Income ETF has a 12-month low of $49.94 and a 12-month high of $60.88. The firm has a fifty day moving average of $57.46 and a 200-day moving average of $58.54. The firm has a market capitalization of $37.83 billion, a price-to-earnings ratio of 24.88 and a beta of 0.61.

About JPMorgan Equity Premium Income ETF

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.