Bell Bank Raises Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Bell Bank boosted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 828.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 46,837 shares of the company’s stock after buying an additional 41,795 shares during the quarter. Bell Bank’s holdings in JPMorgan Equity Premium Income ETF were worth $2,695,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Indie Asset Partners LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 1.9% during the 4th quarter. Indie Asset Partners LLC now owns 14,128 shares of the company’s stock worth $813,000 after acquiring an additional 270 shares during the period. Capital Advisory Group Advisory Services LLC grew its stake in JPMorgan Equity Premium Income ETF by 0.7% in the fourth quarter. Capital Advisory Group Advisory Services LLC now owns 33,665 shares of the company’s stock worth $1,937,000 after purchasing an additional 245 shares during the period. Lane & Associates LLC raised its holdings in JPMorgan Equity Premium Income ETF by 49.1% in the fourth quarter. Lane & Associates LLC now owns 6,156 shares of the company’s stock worth $363,000 after purchasing an additional 2,027 shares in the last quarter. Transcend Capital Advisors LLC lifted its position in JPMorgan Equity Premium Income ETF by 26.1% during the fourth quarter. Transcend Capital Advisors LLC now owns 35,803 shares of the company’s stock valued at $2,060,000 after buying an additional 7,420 shares during the period. Finally, Centricity Wealth Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at $56,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $59.13 on Friday. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88. The firm has a market capitalization of $34.70 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The firm has a 50 day moving average price of $58.57 and a 200-day moving average price of $58.83.

JPMorgan Equity Premium Income ETF 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.