Truist Financial Corp Has $53.44 Million Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Truist Financial Corp decreased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 972,009 shares of the company’s stock after selling 67,925 shares during the period. Truist Financial Corp owned 0.19% of JPMorgan Equity Premium Income ETF worth $53,441,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Perritt Capital Management Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 44.4% in the third quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock worth $35,000 after purchasing an additional 200 shares during the period. Capital Advisors Ltd. LLC raised its position in JPMorgan Equity Premium Income ETF by 79.3% in the 4th quarter. Capital Advisors Ltd. LLC now owns 658 shares of the company’s stock valued at $36,000 after buying an additional 291 shares during the last quarter. Albion Financial Group UT boosted its holdings in JPMorgan Equity Premium Income ETF by 8,375.0% during the third quarter. Albion Financial Group UT now owns 678 shares of the company’s stock worth $36,000 after purchasing an additional 670 shares during the last quarter. BOK Financial Private Wealth Inc. lifted its holdings in JPMorgan Equity Premium Income ETF by 400.0% during the fourth quarter. BOK Financial Private Wealth Inc. now owns 750 shares of the company’s stock worth $42,000 after acquiring an additional 600 shares during the period. Finally, Roble Belko & Company Inc purchased a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth about $42,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $56.28 on Friday. The business has a 50-day moving average of $56.83 and a 200 day moving average of $55.41. The firm has a market cap of $32.97 billion, a P/E ratio of 24.51 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a fifty-two week low of $51.38 and a fifty-two week high of $57.94.

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.