JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Acquired by FineMark National Bank & Trust

FineMark National Bank & Trust boosted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 16.7% in the 4th quarter, Holdings Channel reports. The firm owned 5,990 shares of the company’s stock after buying an additional 856 shares during the quarter. FineMark National Bank & Trust’s holdings in JPMorgan Equity Premium Income ETF were worth $345,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Consolidated Planning Corp lifted its position in shares of JPMorgan Equity Premium Income ETF by 0.5% during the fourth quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock worth $1,931,000 after purchasing an additional 179 shares in the last quarter. Landmark Wealth Management LLC lifted its holdings 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 worth $221,000 after buying an additional 185 shares in the last quarter. Fortis Advisors LLC boosted its position 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 valued at $578,000 after buying an additional 196 shares during the last quarter. Beam Wealth Advisors Inc. boosted its position in JPMorgan Equity Premium Income ETF by 0.4% in the 4th quarter. Beam Wealth Advisors Inc. now owns 51,249 shares of the company’s stock valued at $2,948,000 after buying an additional 196 shares during the last quarter. Finally, Lakeridge Wealth Management LLC grew its stake 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 valued at $452,000 after acquiring an additional 206 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $57.51 on Thursday. The stock has a market cap of $39.31 billion, a price-to-earnings ratio of 24.79 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88. The business’s 50-day simple moving average is $58.47 and its 200 day simple moving average is $58.88.

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.