Smithfield Trust Co Purchases Shares of 2,822 JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Smithfield Trust Co purchased a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 2,822 shares of the company’s stock, valued at approximately $162,000.

Several other large investors have also recently bought and sold shares of JEPI. US Bancorp DE grew its holdings in shares of JPMorgan Equity Premium Income ETF by 19.8% during the 3rd quarter. US Bancorp DE now owns 22,400 shares of the company’s stock valued at $1,333,000 after purchasing an additional 3,706 shares during the last quarter. Focused Wealth Management Inc lifted its stake in shares of JPMorgan Equity Premium Income ETF by 1.4% in the 3rd quarter. Focused Wealth Management Inc now owns 73,699 shares of the company’s stock valued at $4,386,000 after acquiring an additional 1,006 shares during the last quarter. Crescent Grove Advisors LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 5.4% in the 3rd quarter. Crescent Grove Advisors LLC now owns 26,825 shares of the company’s stock valued at $1,596,000 after acquiring an additional 1,379 shares during the last quarter. Beacon Financial Advisory LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 6.4% in the 3rd quarter. Beacon Financial Advisory LLC now owns 312,611 shares of the company’s stock valued at $18,603,000 after acquiring an additional 18,935 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 15.6% in the third quarter. Avidian Wealth Enterprises LLC now owns 13,616 shares of the company’s stock worth $810,000 after purchasing an additional 1,839 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $58.50 on Thursday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The firm has a market cap of $39.11 billion, a P/E ratio of 25.75 and a beta of 0.61. The business’s 50 day moving average price is $58.62 and its 200-day moving average price is $58.97.

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.