FMA Wealth Management LLC Purchases 849 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

FMA Wealth Management LLC raised its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 45,429 shares of the company’s stock after acquiring an additional 849 shares during the quarter. JPMorgan Equity Premium Income ETF makes up 1.9% of FMA Wealth Management LLC’s portfolio, making the stock its 17th largest holding. FMA Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,614,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Salomon & Ludwin LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at $25,000. Bank of Jackson Hole Trust bought a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at $28,000. Ulland Investment Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at $31,000. Creative Capital Management Investments LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at $32,000. Finally, Running Point Capital Advisors LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 131.2% during the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after acquiring an additional 362 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA JEPI opened at $59.71 on Thursday. The stock has a market cap of $35.04 billion, a PE ratio of 24.40 and a beta of 0.53. The business has a fifty day moving average of $58.57 and a two-hundred day moving average of $58.79. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88.

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.