CoreFirst Bank & Trust Invests $2.46 Million in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

CoreFirst Bank & Trust purchased a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 42,679 shares of the company’s stock, valued at approximately $2,455,000. JPMorgan Equity Premium Income ETF accounts for 1.5% of CoreFirst Bank & Trust’s investment portfolio, making the stock its 16th largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of JEPI. Grantvest Financial Group LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter worth $1,626,000. Haverford Trust Co boosted its position in JPMorgan Equity Premium Income ETF by 45.1% during the 4th quarter. Haverford Trust Co now owns 22,029 shares of the company’s stock valued at $1,267,000 after acquiring an additional 6,847 shares in the last quarter. Congress Wealth Management LLC DE boosted its position in shares of JPMorgan Equity Premium Income ETF by 48.8% during the fourth quarter. Congress Wealth Management LLC DE now owns 11,530 shares of the company’s stock valued at $663,000 after purchasing an additional 3,782 shares in the last quarter. Crowley Wealth Management Inc. purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at $32,000. Finally, Napatree Capital LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 16.2% in the 4th quarter. Napatree Capital LLC now owns 59,453 shares of the company’s stock worth $3,420,000 after buying an additional 8,308 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $57.11 on Monday. The company has a market capitalization of $39.04 billion, a price-to-earnings ratio of 24.79 and a beta of 0.61. The company’s 50-day moving average is $58.46 and its 200 day moving average is $58.89. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88.

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.