Bank of New York Mellon Corp Buys 26,611 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Bank of New York Mellon Corp raised its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.8% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 586,093 shares of the company’s stock after acquiring an additional 26,611 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.08% of JPMorgan Equity Premium Income ETF worth $33,489,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. BOS Asset Management LLC raised its position in JPMorgan Equity Premium Income ETF by 3.5% during the fourth quarter. BOS Asset Management LLC now owns 4,982 shares of the company’s stock valued at $287,000 after acquiring an additional 170 shares in the last quarter. Ritholtz Wealth Management boosted its stake in JPMorgan Equity Premium Income ETF by 2.5% during the first quarter. Ritholtz Wealth Management now owns 7,827 shares of the company’s stock worth $447,000 after buying an additional 192 shares during the last quarter. RoundAngle Advisors LLC raised its position in JPMorgan Equity Premium Income ETF by 0.9% in the first quarter. RoundAngle Advisors LLC now owns 22,528 shares of the company’s stock valued at $1,287,000 after purchasing an additional 196 shares during the period. Texas Yale Capital Corp. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 4.6% in the 4th quarter. Texas Yale Capital Corp. now owns 4,550 shares of the company’s stock valued at $262,000 after buying an additional 200 shares during the period. Finally, LVZ Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 2.8% in the 1st quarter. LVZ Inc. now owns 7,707 shares of the company’s stock valued at $440,000 after buying an additional 211 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $56.46 on Wednesday. The stock has a 50-day simple moving average of $56.19 and a 200-day simple moving average of $56.77. The stock has a market cap of $40.77 billion, a P/E ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $60.88.

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.