Somerset Trust Co Grows Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Somerset Trust Co raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 28,930 shares of the company’s stock after buying an additional 1,754 shares during the period. Somerset Trust Co’s holdings in JPMorgan Equity Premium Income ETF were worth $1,664,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the company. Salomon & Ludwin LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth $25,000. Running Point Capital Advisors LLC increased its holdings in JPMorgan Equity Premium Income ETF by 131.2% during the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after buying an additional 362 shares during the last quarter. Brown Lisle Cummings Inc. raised its position in JPMorgan Equity Premium Income ETF by 48.0% in the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after acquiring an additional 255 shares during the period. Pathway Financial Advisers LLC purchased a new position in JPMorgan Equity Premium Income ETF in the third quarter valued at about $49,000. Finally, Abound Wealth Management grew its position in shares of JPMorgan Equity Premium Income ETF by 1,320.8% during the 4th quarter. Abound Wealth Management now owns 1,094 shares of the company’s stock valued at $63,000 after acquiring an additional 1,017 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.4 %

NYSEARCA:JEPI opened at $58.50 on Friday. JPMorgan Equity Premium Income ETF has a 12 month low of $54.77 and a 12 month high of $60.88. The firm’s 50 day moving average is $59.02 and its 200 day moving average is $58.41. The stock has a market capitalization of $34.33 billion, a PE 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.