Cadence Bank Raises Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Cadence Bank increased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 11.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 97,580 shares of the company’s stock after purchasing an additional 10,285 shares during the quarter. Cadence Bank’s holdings in JPMorgan Equity Premium Income ETF were worth $5,807,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Salomon & Ludwin LLC bought a new position in JPMorgan Equity Premium Income ETF in the third quarter worth approximately $25,000. HHM Wealth Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF during the second quarter valued at about $28,000. Running Point Capital Advisors LLC grew its stake in JPMorgan Equity Premium Income ETF by 131.2% in the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after purchasing an additional 362 shares during the last quarter. Centerpoint Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF in the second quarter worth about $43,000. Finally, Brown Lisle Cummings Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 48.0% during the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after buying an additional 255 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.3 %

NYSEARCA:JEPI opened at $60.68 on Wednesday. The firm has a 50 day moving average of $59.39 and a 200 day moving average of $57.85. JPMorgan Equity Premium Income ETF has a 52 week low of $54.27 and a 52 week high of $60.68. The stock has a market capitalization of $35.61 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.