Cadence Bank Boosts Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Cadence Bank lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 47.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 143,417 shares of the company’s stock after purchasing an additional 45,837 shares during the period. Cadence Bank’s holdings in JPMorgan Equity Premium Income ETF were worth $8,251,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JEPI. Zacks Investment Management purchased a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $209,000. Garden State Investment Advisory Services LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 7.8% in the 4th quarter. Garden State Investment Advisory Services LLC now owns 109,690 shares of the company’s stock valued at $6,336,000 after buying an additional 7,896 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 8.3% in the 4th quarter. NewEdge Advisors LLC now owns 251,457 shares of the company’s stock worth $14,466,000 after buying an additional 19,332 shares during the last quarter. Main Street Financial Solutions LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 385.5% during the 4th quarter. Main Street Financial Solutions LLC now owns 36,977 shares of the company’s stock worth $2,127,000 after acquiring an additional 29,360 shares in the last quarter. Finally, Acorns Advisers LLC lifted its position in JPMorgan Equity Premium Income ETF by 54.8% during the fourth quarter. Acorns Advisers LLC now owns 13,013 shares of the company’s stock valued at $749,000 after acquiring an additional 4,605 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.3 %

Shares of JEPI opened at $53.76 on Friday. The company has a 50 day moving average of $56.88 and a two-hundred day moving average of $58.33. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month high of $60.88. The company has a market cap of $37.11 billion, a price-to-earnings ratio of 24.88 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.