JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) is Fermata Advisors LLC’s 10th Largest Position

Fermata Advisors LLC boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.0% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 190,910 shares of the company’s stock after buying an additional 9,028 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for approximately 2.0% of Fermata Advisors LLC’s holdings, making the stock its 10th biggest position. Fermata Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,909,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of JEPI. Bank of Jackson Hole Trust purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $28,000. Duncker Streett & Co. Inc. purchased a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at $28,000. Creative Capital Management Investments LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at $32,000. Crowley Wealth Management Inc. purchased a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter valued at $32,000. Finally, Global Wealth Strategies & Associates purchased a new stake in JPMorgan Equity Premium Income ETF during the first quarter valued at $36,000.

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock opened at $55.76 on Thursday. The stock has a market cap of $39.69 billion, a PE ratio of 24.45 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88. The stock has a fifty day moving average of $55.03 and a 200 day moving average of $57.41.

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.