West Bancorporation Inc. Invests $817,000 in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

West Bancorporation Inc. acquired a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,725 shares of the company’s stock, valued at approximately $817,000.

Several other large investors have also recently bought and sold shares of JEPI. Cetera Investment Advisers raised its position in JPMorgan Equity Premium Income ETF by 406.2% in the first quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock worth $239,292,000 after acquiring an additional 3,318,702 shares in the last quarter. Strategic Financial Concepts LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 6,254.5% in the second quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock valued at $595,000 after buying an additional 1,032,746 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of JPMorgan Equity Premium Income ETF by 3.8% in the first quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock valued at $1,274,807,000 after buying an additional 815,598 shares in the last quarter. First Foundation Advisors increased its position in shares of JPMorgan Equity Premium Income ETF by 91.9% in the first quarter. First Foundation Advisors now owns 1,203,095 shares of the company’s stock valued at $69,611,000 after buying an additional 576,068 shares in the last quarter. Finally, RiverFront Investment Group LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 25.3% in the first quarter. RiverFront Investment Group LLC now owns 2,839,375 shares of the company’s stock valued at $164,286,000 after buying an additional 573,494 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.3 %

Shares of JEPI stock traded down $0.16 during mid-day trading on Friday, reaching $59.23. The stock had a trading volume of 2,625,692 shares, compared to its average volume of 3,129,870. JPMorgan Equity Premium Income ETF has a 12-month low of $51.38 and a 12-month high of $59.97. The company has a market cap of $34.76 billion, a P/E ratio of 24.40 and a beta of 0.53. The business has a 50-day simple moving average of $58.87 and a 200 day simple moving average of $57.35.

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.