Atlantic Union Bankshares Corp boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 6.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,017,292 shares of the company’s stock after buying an additional 57,509 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 1.1% of Atlantic Union Bankshares Corp’s holdings, making the stock its 18th largest position. Atlantic Union Bankshares Corp’s holdings in JPMorgan Equity Premium Income ETF were worth $58,230,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JEPI. Brighton Jones LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $402,000. AQR Capital Management LLC boosted its stake in JPMorgan Equity Premium Income ETF by 28.1% in the 1st quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock worth $4,845,000 after purchasing an additional 18,619 shares during the period. Goldman Sachs Group Inc. acquired a new position in JPMorgan Equity Premium Income ETF in the 1st quarter worth approximately $847,000. Schnieders Capital Management LLC. acquired a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter worth approximately $3,093,000. Finally, First Trust Advisors LP acquired a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter worth approximately $529,000.
JPMorgan Equity Premium Income ETF Stock Performance
JPMorgan Equity Premium Income ETF stock opened at $56.08 on Wednesday. The company has a 50 day moving average price of $57.18 and a 200 day moving average price of $57.62. JPMorgan Equity Premium Income ETF has a 52 week low of $55.15 and a 52 week high of $59.90. The firm has a market capitalization of $44.43 billion, a price-to-earnings ratio of 23.93 and a beta of 0.56.
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.
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Want to see what other hedge funds are holding JEPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report).
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