Fifth Third Bancorp boosted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 1,476.0% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 347,694 shares of the company’s stock after purchasing an additional 325,632 shares during the quarter. Fifth Third Bancorp’s holdings in JPMorgan Equity Premium Income ETF were worth $19,707,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also modified their holdings of JEPI. Rice Partnership LLC raised its stake in JPMorgan Equity Premium Income ETF by 124.5% in the 4th quarter. Rice Partnership LLC now owns 449 shares of the company’s stock worth $26,000 after acquiring an additional 249 shares during the last quarter. Providence Capital Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $26,000. FNY Investment Advisers LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth $28,000. Advocate Investing Services LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter worth about $28,000. Finally, EQ Wealth Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $29,000.
JPMorgan Equity Premium Income ETF Price Performance
Shares of NYSEARCA JEPI opened at $56.76 on Tuesday. JPMorgan Equity Premium Income ETF has a 52-week low of $55.10 and a 52-week high of $59.90. The firm has a market cap of $45.17 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. The company’s 50-day simple moving average is $56.13 and its 200-day simple moving average is $57.31.
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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