Bank of New York Mellon Corp Acquires 143,183 Shares of JPMorgan Equity Premium Income ETF $JEPI

Bank of New York Mellon Corp grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 2,135,264 shares of the company’s stock after purchasing an additional 143,183 shares during the quarter. Bank of New York Mellon Corp’s holdings in JPMorgan Equity Premium Income ETF were worth $122,223,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Rice Partnership LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 124.5% in the fourth quarter. Rice Partnership LLC now owns 449 shares of the company’s stock worth $26,000 after buying an additional 249 shares during the last quarter. Natixis Advisors LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 89.3% in the fourth quarter. Natixis Advisors LLC now owns 94,537 shares of the company’s stock worth $5,411,000 after buying an additional 44,600 shares during the last quarter. Pincus Capital Management LP acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth $887,000. Strategic Advisors LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 16.3% in the fourth quarter. Strategic Advisors LLC now owns 19,747 shares of the company’s stock worth $1,130,000 after buying an additional 2,774 shares during the last quarter. Finally, Cogent Private Wealth Inc. acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth $221,000.

JPMorgan Equity Premium Income ETF Trading Down 0.3%

Shares of JPMorgan Equity Premium Income ETF stock opened at $55.52 on Friday. The firm has a fifty day simple moving average of $56.57 and a 200-day simple moving average of $57.49. JPMorgan Equity Premium Income ETF has a 1-year low of $55.10 and a 1-year high of $59.90. The stock has a market capitalization of $43.99 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.