JPMorgan Equity Premium Income ETF $JEPI Shares Bought by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. increased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 13.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,650,864 shares of the company’s stock after acquiring an additional 191,240 shares during the period. PNC Financial Services Group Inc. owned approximately 0.22% of JPMorgan Equity Premium Income ETF worth $94,495,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. FNY Investment Advisers LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at $28,000. EQ Wealth Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at $29,000. BTG Pactual Asset Management US LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at $31,000. Logan Capital Management Inc. bought a new position in JPMorgan Equity Premium Income ETF during the third quarter valued at about $33,000. Finally, VSM Wealth Advisory LLC grew its holdings in JPMorgan Equity Premium Income ETF by 84.1% during the third quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock worth $34,000 after acquiring an additional 269 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.2%

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.18 on Thursday. The company’s 50-day moving average price is $56.86 and its two-hundred day moving average price is $57.56. JPMorgan Equity Premium Income ETF has a 52 week low of $55.15 and a 52 week high of $59.90. The stock has a market cap of $44.51 billion, a PE ratio of 23.93 and a beta of 0.56.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.