JPMorgan Equity Premium Income ETF $JEPI is Fermata Advisors LLC’s 2nd Largest Position

Fermata Advisors LLC boosted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 229,595 shares of the company’s stock after purchasing an additional 12,699 shares during the quarter. JPMorgan Equity Premium Income ETF makes up 3.3% of Fermata Advisors LLC’s portfolio, making the stock its 2nd biggest holding. Fermata Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $13,110,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Mattern Wealth Management LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 1.8% during the 2nd quarter. Mattern Wealth Management LLC now owns 10,082 shares of the company’s stock worth $573,000 after buying an additional 178 shares during the last quarter. Highline Wealth Partners LLC increased its holdings in JPMorgan Equity Premium Income ETF by 13.5% during the 2nd quarter. Highline Wealth Partners LLC now owns 1,518 shares of the company’s stock valued at $86,000 after acquiring an additional 180 shares in the last quarter. First Horizon Advisors Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 9.0% during the 2nd quarter. First Horizon Advisors Inc. now owns 2,221 shares of the company’s stock valued at $126,000 after acquiring an additional 183 shares in the last quarter. SimpliFi Inc. raised its position in JPMorgan Equity Premium Income ETF by 2.6% during the second quarter. SimpliFi Inc. now owns 7,345 shares of the company’s stock worth $418,000 after acquiring an additional 186 shares during the last quarter. Finally, Blue Chip Partners LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 1.2% in the second quarter. Blue Chip Partners LLC now owns 16,355 shares of the company’s stock valued at $930,000 after purchasing an additional 192 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $57.41 on Friday. The company’s 50 day simple moving average is $57.03 and its 200-day simple moving average is $56.78. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $59.73. The firm has a market capitalization of $41.09 billion, a PE ratio of 23.93 and a beta of 0.60.

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.