Fifth Third Securities Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 18.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 234,652 shares of the company’s stock after acquiring an additional 37,104 shares during the period. Fifth Third Securities Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $13,192,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds also recently added to or reduced their stakes in the company. Legacy Private Trust Co. bought a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter worth about $2,602,000. Private Client Services LLC bought a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at about $3,694,000. Community Financial Services Group LLC bought a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at about $6,319,000. Studio Investment Management LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 194.0% during the 2nd quarter. Studio Investment Management LLC now owns 54,050 shares of the company’s stock valued at $3,053,000 after acquiring an additional 35,668 shares during the last quarter. Finally, Nottingham Advisors Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 21.6% during the 1st quarter. Nottingham Advisors Inc. now owns 816,880 shares of the company’s stock valued at $46,301,000 after acquiring an additional 144,966 shares during the last quarter.
JPMorgan Equity Premium Income ETF Stock Performance
Shares of JEPI traded up $0.01 during mid-day trading on Wednesday, hitting $57.37. 1,636,189 shares of the company traded hands, compared to its average volume of 5,107,968. The stock has a market cap of $46.00 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53. The stock has a 50-day moving average price of $57.01 and a two-hundred day moving average price of $56.76. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year 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.
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