Missouri Trust & Investment Co increased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 737.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 720 shares of the company’s stock after buying an additional 634 shares during the period. Missouri Trust & Investment Co’s holdings in JPMorgan Equity Premium Income ETF were worth $41,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 18.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after purchasing an additional 3,536,406 shares in the last quarter. Cetera Investment Advisers increased its position in JPMorgan Equity Premium Income ETF by 1.3% during the second quarter. Cetera Investment Advisers now owns 4,188,012 shares of the company’s stock worth $237,377,000 after buying an additional 52,301 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in JPMorgan Equity Premium Income ETF by 8.4% during the third quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock valued at $218,105,000 after buying an additional 285,180 shares in the last quarter. HighTower Advisors LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 2.4% during the 3rd quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock worth $212,643,000 after acquiring an additional 83,858 shares in the last quarter. Finally, RiverFront Investment Group LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 5.9% during the 2nd quarter. RiverFront Investment Group LLC now owns 3,005,845 shares of the company’s stock worth $170,371,000 after acquiring an additional 166,821 shares in the last quarter.
JPMorgan Equity Premium Income ETF Stock Performance
Shares of JEPI stock opened at $58.95 on Wednesday. The stock’s 50 day simple moving average is $58.96 and its 200 day simple moving average is $58.47. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month high of $60.88. The company has a market capitalization of $34.59 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.
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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