Bell Bank Boosts Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Bell Bank increased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). 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 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in JEPI. Salomon & Ludwin LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at about $25,000. HHM Wealth Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $28,000. Beaird Harris Wealth Management LLC acquired a new position in JPMorgan Equity Premium Income ETF during the first quarter worth $38,000. Centerpoint Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at $43,000. Finally, Brown Lisle Cummings Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 48.0% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after acquiring an additional 255 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.1 %

Shares of NYSEARCA JEPI opened at $60.02 on Thursday. The stock has a 50-day moving average price of $59.16 and a two-hundred day moving average price of $57.65. JPMorgan Equity Premium Income ETF has a 12 month low of $54.10 and a 12 month high of $60.20. The company has a market cap of $35.22 billion, a price-to-earnings 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.