First PREMIER Bank Buys 5,548 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

First PREMIER Bank raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 13.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,358 shares of the company’s stock after buying an additional 5,548 shares during the period. First PREMIER Bank’s holdings in JPMorgan Equity Premium Income ETF were worth $2,725,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in JEPI. JPMorgan Chase & Co. raised its position in JPMorgan Equity Premium Income ETF by 18.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after purchasing an additional 3,536,406 shares during the last quarter. Eaton Financial Holdings Company LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter worth about $51,202,000. World Investment Advisors LLC increased its position in JPMorgan Equity Premium Income ETF by 748.5% in the 3rd quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock valued at $47,971,000 after acquiring an additional 711,094 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter worth about $31,505,000. Finally, Marks Wealth LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $29,284,000.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $58.87 on Thursday. The stock has a market capitalization of $34.55 billion, a PE ratio of 24.40 and a beta of 0.53. The company has a 50 day moving average price of $58.94 and a 200 day moving average price of $58.47. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week 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.