FRG Family Wealth Advisors LLC Buys 7,966 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

FRG Family Wealth Advisors LLC boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.1% during the 4th quarter, HoldingsChannel reports. The firm owned 95,387 shares of the company’s stock after purchasing an additional 7,966 shares during the period. JPMorgan Equity Premium Income ETF comprises about 1.0% of FRG Family Wealth Advisors LLC’s investment portfolio, making the stock its 24th biggest position. FRG Family Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,488,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Bank of Jackson Hole Trust bought a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $28,000. Duncker Streett & Co. Inc. acquired a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth about $28,000. Ulland Investment Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $31,000. Crowley Wealth Management Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $32,000. Finally, Creative Capital Management Investments LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $32,000.

JPMorgan Equity Premium Income ETF Trading Down 1.2 %

Shares of NYSEARCA JEPI opened at $54.14 on Thursday. The stock has a market capitalization of $37.37 billion, a PE ratio of 24.88 and a beta of 0.61. The stock has a fifty day simple moving average of $57.46 and a 200-day simple moving average of $58.54. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month high of $60.88.

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.