American Trust Takes $5.02 Million Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

American Trust acquired a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 87,298 shares of the company’s stock, valued at approximately $5,022,000.

A number of other institutional investors and hedge funds have also made changes to their positions in JEPI. Raymond James Financial Inc. purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $322,301,000. JPMorgan Chase & Co. increased its position in shares of JPMorgan Equity Premium Income ETF by 18.8% in the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after buying an additional 3,536,406 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of JPMorgan Equity Premium Income ETF by 16.4% in the fourth quarter. Wells Fargo & Company MN now owns 14,555,046 shares of the company’s stock valued at $837,352,000 after buying an additional 2,051,299 shares in the last quarter. Strategic Financial Concepts LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 4,498.2% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,301,762 shares of the company’s stock valued at $74,890,000 after buying an additional 1,273,452 shares in the last quarter. Finally, Cary Street Partners Financial LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $53,537,000.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $55.52 on Friday. The stock has a market capitalization of $39.23 billion, a PE ratio of 24.55 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $60.88. The business has a 50 day simple moving average of $55.28 and a 200-day simple moving average of $57.61.

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.