46,242 Shares of JPMorgan Equity Premium Income ETF $JEPI Acquired by Bell Bank

Bell Bank purchased a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 46,242 shares of the company’s stock, valued at approximately $2,600,000.

Several other institutional investors and hedge funds also recently made changes to their positions in JEPI. Newman Dignan & Sheerar Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $257,000. Pinnacle Associates Ltd. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 0.4% in the 3rd quarter. Pinnacle Associates Ltd. now owns 731,398 shares of the company’s stock valued at $41,119,000 after purchasing an additional 2,661 shares during the last quarter. Sulzberger Capital Advisors Inc. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 6.1% in the 3rd quarter. Sulzberger Capital Advisors Inc. now owns 155,302 shares of the company’s stock valued at $8,731,000 after purchasing an additional 8,996 shares during the last quarter. Taylor Securities Services Inc. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 80.8% in the 3rd quarter. Taylor Securities Services Inc. now owns 64,835 shares of the company’s stock valued at $3,645,000 after purchasing an additional 28,983 shares during the last quarter. Finally, Zullo Investment Group Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 65.5% during the third quarter. Zullo Investment Group Inc. now owns 6,809 shares of the company’s stock worth $383,000 after buying an additional 2,696 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.5%

Shares of JPMorgan Equity Premium Income ETF stock opened at $57.36 on Wednesday. The business has a 50-day moving average price of $57.01 and a two-hundred day moving average price of $56.76. JPMorgan Equity Premium Income ETF has a 1-year low of $55.10 and a 1-year high of $59.90. The company has a market cap of $46.00 billion, a P/E ratio of 23.93 and a beta of 0.53.

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.