JPMorgan Equity Premium Income ETF $JEPI Position Reduced by US Bancorp DE

US Bancorp DE decreased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,328 shares of the company’s stock after selling 330 shares during the period. US Bancorp DE’s holdings in JPMorgan Equity Premium Income ETF were worth $1,554,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in JEPI. Mather Group LLC. bought a new stake in JPMorgan Equity Premium Income ETF during the first quarter worth approximately $25,000. Bartlett & CO. Wealth Management LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at $25,000. Mowery & Schoenfeld Wealth Management LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at $29,000. Millstone Evans Group LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at $29,000. Finally, Oliver Lagore Vanvalin Investment Group bought a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at $32,000.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $56.51 on Friday. The stock has a market capitalization of $40.80 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. The business’s fifty day moving average is $56.82 and its two-hundred day moving average is $56.10.

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.