Fifth Third Bancorp cut its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 7.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 23,426 shares of the company’s stock after selling 2,017 shares during the period. Fifth Third Bancorp’s holdings in JPMorgan Equity Premium Income ETF were worth $1,332,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Sheets Smith Wealth Management lifted its position in JPMorgan Equity Premium Income ETF by 1.7% during the second quarter. Sheets Smith Wealth Management now owns 40,056 shares of the company’s stock valued at $2,277,000 after purchasing an additional 686 shares during the period. LVZ Inc. lifted its position in JPMorgan Equity Premium Income ETF by 13.5% during the second quarter. LVZ Inc. now owns 8,747 shares of the company’s stock valued at $497,000 after purchasing an additional 1,040 shares during the period. Eaton Financial Holdings Company LLC lifted its position in JPMorgan Equity Premium Income ETF by 0.8% during the second quarter. Eaton Financial Holdings Company LLC now owns 252,599 shares of the company’s stock valued at $14,360,000 after purchasing an additional 2,124 shares during the period. Family Investment Center Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter worth about $212,000. Finally, Bay Capital Advisors LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 2.2% in the second quarter. Bay Capital Advisors LLC now owns 59,928 shares of the company’s stock worth $3,407,000 after acquiring an additional 1,286 shares during the period.
JPMorgan Equity Premium Income ETF Stock Performance
Shares of JPMorgan Equity Premium Income ETF stock opened at $56.94 on Friday. The firm has a 50-day simple moving average of $56.78 and a two-hundred day simple moving average of $56.14. The company has a market cap of $41.09 billion, a P/E ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week 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.
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