JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) is VeraBank N.A.’s 7th Largest Position

VeraBank N.A. decreased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 195,223 shares of the company’s stock after selling 3,607 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 3.4% of VeraBank N.A.’s investment portfolio, making the stock its 7th largest holding. VeraBank N.A.’s holdings in JPMorgan Equity Premium Income ETF were worth $11,618,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in JEPI. Tyler Stone Wealth Management lifted its position in JPMorgan Equity Premium Income ETF by 187.0% during the third quarter. Tyler Stone Wealth Management now owns 12,724 shares of the company’s stock worth $757,000 after buying an additional 8,290 shares in the last quarter. Baker Avenue Asset Management LP raised its holdings in shares of JPMorgan Equity Premium Income ETF by 64.5% during the 3rd quarter. Baker Avenue Asset Management LP now owns 150,359 shares of the company’s stock worth $8,948,000 after acquiring an additional 58,970 shares during the period. Mayflower Financial Advisors LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 10.5% during the 3rd quarter. Mayflower Financial Advisors LLC now owns 30,139 shares of the company’s stock valued at $1,794,000 after acquiring an additional 2,865 shares during the last quarter. Legacy Capital Wealth Partners LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 98.2% in the third quarter. Legacy Capital Wealth Partners LLC now owns 74,304 shares of the company’s stock valued at $4,422,000 after purchasing an additional 36,806 shares during the period. Finally, Costello Asset Management INC acquired a new stake in JPMorgan Equity Premium Income ETF during the third quarter worth about $308,000.

JPMorgan Equity Premium Income ETF Stock Up 0.6 %

NYSEARCA:JEPI traded up $0.36 on Friday, hitting $60.03. The stock had a trading volume of 2,982,478 shares, compared to its average volume of 3,142,178. The company has a fifty day moving average price of $59.06 and a two-hundred day moving average price of $57.57. The stock has a market cap of $35.23 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1-year low of $53.33 and a 1-year high of $60.10.

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.