Citizens Financial Group Inc. RI trimmed its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 5.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,206 shares of the company’s stock after selling 1,345 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in JPMorgan Equity Premium Income ETF were worth $1,321,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently bought and sold shares of JEPI. EverSource Wealth Advisors LLC increased its position in JPMorgan Equity Premium Income ETF by 2.9% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 109,258 shares of the company’s stock worth $6,502,000 after purchasing an additional 3,059 shares during the period. First Horizon Advisors Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF by 257.5% during the 3rd quarter. First Horizon Advisors Inc. now owns 1,841 shares of the company’s stock worth $110,000 after purchasing an additional 1,326 shares in the last quarter. Hilton Capital Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter worth $286,000. Commerce Bank raised its stake in JPMorgan Equity Premium Income ETF by 73.4% in the 3rd quarter. Commerce Bank now owns 7,961 shares of the company’s stock valued at $474,000 after purchasing an additional 3,371 shares during the last quarter. Finally, Sachetta LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 13.2% during the third quarter. Sachetta LLC now owns 41,238 shares of the company’s stock valued at $2,454,000 after buying an additional 4,804 shares during the period.
JPMorgan Equity Premium Income ETF Price Performance
JEPI opened at $60.17 on Friday. The business has a 50-day moving average of $59.36 and a two-hundred day moving average of $57.81. JPMorgan Equity Premium Income ETF has a 12 month low of $54.27 and a 12 month high of $60.20. The stock has a market capitalization of $35.31 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.
JPMorgan Equity Premium Income ETF Company 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.
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