Synovus Financial Corp Buys 117,335 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Synovus Financial Corp grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 25.4% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 579,553 shares of the company’s stock after buying an additional 117,335 shares during the period. Synovus Financial Corp’s holdings in JPMorgan Equity Premium Income ETF were worth $34,489,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Salomon & Ludwin LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the third quarter worth approximately $25,000. HHM Wealth Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $28,000. Running Point Capital Advisors LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 131.2% in the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after purchasing an additional 362 shares during the period. Centerpoint Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth $43,000. Finally, Brown Lisle Cummings Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 48.0% during the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after purchasing an additional 255 shares during the period.

JPMorgan Equity Premium Income ETF Trading Down 0.2 %

NYSEARCA JEPI opened at $59.51 on Friday. JPMorgan Equity Premium Income ETF has a 12 month low of $54.62 and a 12 month high of $60.88. The company has a market capitalization of $34.92 billion, a PE ratio of 24.40 and a beta of 0.53. The stock has a 50-day simple moving average of $59.64 and a 200 day simple moving average of $58.11.

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.