NBT Bank N A NY Increases Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

NBT Bank N A NY raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 56.0% during the 4th quarter, HoldingsChannel reports. The firm owned 5,207 shares of the company’s stock after acquiring an additional 1,870 shares during the quarter. NBT Bank N A NY’s holdings in JPMorgan Equity Premium Income ETF were worth $300,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of JEPI. JPMorgan Chase & Co. lifted its position in 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 worth $1,332,380,000 after acquiring an additional 3,536,406 shares in the last quarter. Raymond James Financial Inc. acquired a new position in JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $322,301,000. HighTower Advisors LLC lifted its position in 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. MML Investors Services LLC lifted its position in JPMorgan Equity Premium Income ETF by 16.9% during the 3rd quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock worth $155,331,000 after acquiring an additional 376,400 shares in the last quarter. Finally, Stifel Financial Corp lifted its position in JPMorgan Equity Premium Income ETF by 7.0% during the 3rd quarter. Stifel Financial Corp now owns 2,088,400 shares of the company’s stock worth $124,281,000 after acquiring an additional 136,138 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock opened at $56.75 on Wednesday. The stock’s 50 day moving average price is $58.57 and its 200 day moving average price is $58.97. The firm has a market capitalization of $37.94 billion, a PE ratio of 25.75 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88.

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.