Blue Trust Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 439.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,171 shares of the company’s stock after purchasing an additional 14,803 shares during the quarter. Blue Trust Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,081,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also modified their holdings of JEPI. Mattern Wealth Management LLC grew its holdings in JPMorgan Equity Premium Income ETF by 2.2% during the third quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock worth $480,000 after acquiring an additional 174 shares during the period. Empirical Asset Management LLC grew its holdings in JPMorgan Equity Premium Income ETF by 4.0% during the third quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock worth $278,000 after acquiring an additional 179 shares during the period. Aviance Capital Partners LLC grew its holdings in JPMorgan Equity Premium Income ETF by 1.1% during the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock worth $1,030,000 after acquiring an additional 194 shares during the period. Fortis Advisors LLC grew its holdings in JPMorgan Equity Premium Income ETF by 2.0% during the fourth quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock worth $578,000 after acquiring an additional 196 shares during the period. Finally, Hudock Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 4.5% during the third quarter. Hudock Inc. now owns 4,608 shares of the company’s stock worth $274,000 after acquiring an additional 199 shares during the period.
JPMorgan Equity Premium Income ETF Trading Down 0.5 %
Shares of JEPI opened at $58.98 on Wednesday. The business’s 50-day moving average price is $58.91 and its 200 day moving average price is $58.57. The stock has a market capitalization of $34.61 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88.
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.
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