Bell Bank Purchases 258 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Bell Bank raised its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.4% during the 3rd quarter, Holdings Channel.com reports. The fund owned 5,042 shares of the company’s stock after purchasing an additional 258 shares during the quarter. Bell Bank’s holdings in JPMorgan Equity Premium Income ETF were worth $300,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its stake in shares of JPMorgan Equity Premium Income ETF by 3.8% in the first quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock worth $1,274,807,000 after purchasing an additional 815,598 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 8.2% in the second quarter. Envestnet Asset Management Inc. now owns 7,104,167 shares of the company’s stock valued at $402,664,000 after acquiring an additional 539,682 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of JPMorgan Equity Premium Income ETF by 1.3% during the 2nd quarter. Cetera Investment Advisers now owns 4,188,012 shares of the company’s stock worth $237,377,000 after buying an additional 52,301 shares during the last quarter. Commonwealth Equity Services LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 8.4% during the third quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock worth $218,105,000 after acquiring an additional 285,180 shares during the last quarter. Finally, RiverFront Investment Group LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 5.9% in the second quarter. RiverFront Investment Group LLC now owns 3,005,845 shares of the company’s stock valued at $170,371,000 after purchasing an additional 166,821 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $60.02 on Thursday. JPMorgan Equity Premium Income ETF has a 1-year low of $54.10 and a 1-year high of $60.20. The business has a 50 day moving average price of $59.16 and a 200 day moving average price of $57.65. The company has a market capitalization of $35.22 billion, a P/E 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.