Community Bank N.A. Raises Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Community Bank N.A. increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 159,319 shares of the company’s stock after purchasing an additional 380 shares during the period. JPMorgan Equity Premium Income ETF makes up 1.2% of Community Bank N.A.’s investment portfolio, making the stock its 17th largest holding. Community Bank N.A.’s holdings in JPMorgan Equity Premium Income ETF were worth $9,164,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Commerce Bank boosted its position in shares of JPMorgan Equity Premium Income ETF by 73.4% in the third quarter. Commerce Bank now owns 7,961 shares of the company’s stock worth $474,000 after purchasing an additional 3,371 shares during the period. First Horizon Advisors Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 257.5% in the third quarter. First Horizon Advisors Inc. now owns 1,841 shares of the company’s stock worth $110,000 after purchasing an additional 1,326 shares during the period. LPL Financial LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 28.0% in the third quarter. LPL Financial LLC now owns 1,900,243 shares of the company’s stock worth $113,083,000 after purchasing an additional 416,013 shares during the period. Citigroup Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 51.8% in the third quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock worth $8,797,000 after purchasing an additional 50,459 shares during the period. Finally, Flagstar Advisors Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 19.6% in the third quarter. Flagstar Advisors Inc. now owns 49,289 shares of the company’s stock worth $2,933,000 after purchasing an additional 8,089 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $57.11 on Friday. The firm has a fifty day moving average price of $58.46 and a 200 day moving average price of $58.89. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The firm has a market cap of $39.04 billion, a price-to-earnings ratio of 24.79 and a beta of 0.61.

JPMorgan Equity Premium Income ETF 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.