Columbia Bank Has $1.86 Million Stake in JPMorgan Equity Premium Income ETF $JEPI

Columbia Bank lifted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 41.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 32,515 shares of the company’s stock after purchasing an additional 9,599 shares during the period. Columbia Bank’s holdings in JPMorgan Equity Premium Income ETF were worth $1,861,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. FineMark National Bank & Trust lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 46.0% in the fourth quarter. FineMark National Bank & Trust now owns 15,477 shares of the company’s stock valued at $886,000 after purchasing an additional 4,877 shares in the last quarter. Fiduciary Group LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 10.3% during the 4th quarter. Fiduciary Group LLC now owns 15,407 shares of the company’s stock valued at $882,000 after acquiring an additional 1,439 shares during the period. Elevation Wealth Management LLC bought a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at $1,348,000. TopTier Wealth Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter worth $741,000. Finally, Litman Gregory Wealth Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at $64,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $56.04 on Friday. The firm has a market cap of $44.40 billion, a PE ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90. The stock’s fifty day moving average price is $56.53 and its two-hundred day moving average price is $57.47.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.