Community Bank N.A. Purchases 17,236 Shares of JPMorgan Equity Premium Income ETF $JEPI

Community Bank N.A. lifted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.9% during the 2nd quarter, HoldingsChannel reports. The firm owned 175,867 shares of the company’s stock after acquiring an additional 17,236 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for about 1.3% of Community Bank N.A.’s investment portfolio, making the stock its 13th largest holding. Community Bank N.A.’s holdings in JPMorgan Equity Premium Income ETF were worth $9,996,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Mather Group LLC. bought a new stake in JPMorgan Equity Premium Income ETF during the first quarter worth approximately $25,000. Bartlett & CO. Wealth Management LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $25,000. Millstone Evans Group LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the first quarter valued at approximately $29,000. Mowery & Schoenfeld Wealth Management LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the first quarter valued at approximately $29,000. Finally, Oliver Lagore Vanvalin Investment Group purchased a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $32,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $56.55 on Tuesday. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $60.88. The business has a 50 day simple moving average of $56.77 and a two-hundred day simple moving average of $56.10. The firm has a market capitalization of $40.92 billion, a PE ratio of 23.93 and a beta of 0.62.

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.