First National Bank of Omaha Buys New Holdings in JPMorgan Equity Premium Income ETF $JEPI

First National Bank of Omaha bought a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the fourth quarter, Holdings Channel reports. The fund bought 164,605 shares of the company’s stock, valued at approximately $9,544,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Crewe Advisors LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 32.9% during the fourth quarter. Crewe Advisors LLC now owns 38,406 shares of the company’s stock worth $2,198,000 after purchasing an additional 9,514 shares in the last quarter. Cascade Wealth Advisors Inc lifted its stake in shares of JPMorgan Equity Premium Income ETF by 5.9% during the third quarter. Cascade Wealth Advisors Inc now owns 268,627 shares of the company’s stock worth $15,237,000 after purchasing an additional 14,899 shares in the last quarter. Clearstead Trust LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 307.8% during the third quarter. Clearstead Trust LLC now owns 79,494 shares of the company’s stock worth $4,539,000 after purchasing an additional 59,999 shares in the last quarter. Capital Investment Advisory Services LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 32.7% during the fourth quarter. Capital Investment Advisory Services LLC now owns 225,716 shares of the company’s stock worth $12,920,000 after purchasing an additional 55,610 shares in the last quarter. Finally, Cyndeo Wealth Partners LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 90.4% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 26,937 shares of the company’s stock worth $1,542,000 after purchasing an additional 12,790 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $56.04 on Friday. The stock’s 50-day moving average is $56.53 and its two-hundred day moving average is $57.47. The stock 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 12 month low of $55.10 and a 12 month high of $59.90.

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