CENTRAL TRUST Co trimmed its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 8.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 167,683 shares of the company’s stock after selling 15,263 shares during the period. CENTRAL TRUST Co’s holdings in JPMorgan Equity Premium Income ETF were worth $9,504,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in JEPI. Equitable Holdings Inc. grew its position in JPMorgan Equity Premium Income ETF by 3,477.6% during the 4th quarter. Equitable Holdings Inc. now owns 1,853,767 shares of the company’s stock worth $106,110,000 after purchasing an additional 1,801,951 shares during the period. Tableaux LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 1,462.3% in the 4th quarter. Tableaux LLC now owns 1,503,922 shares of the company’s stock valued at $86,084,000 after buying an additional 1,407,660 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 11.4% in the 4th quarter. Raymond James Financial Inc. now owns 8,099,270 shares of the company’s stock valued at $463,602,000 after buying an additional 825,889 shares during the period. Tcfg Wealth Management LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 3,843.5% in the third quarter. Tcfg Wealth Management LLC now owns 831,833 shares of the company’s stock worth $47,498,000 after buying an additional 810,739 shares during the last quarter. Finally, SHP Wealth Management purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth about $42,882,000.
JPMorgan Equity Premium Income ETF Stock Down 0.4%
JPMorgan Equity Premium Income ETF stock opened at $55.83 on Wednesday. The firm has a market cap of $44.24 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week high of $59.90. The business’s 50-day moving average price is $56.41 and its 200 day moving average price is $57.41.
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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.
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