Independence Bank of Kentucky Has $123,000 Stock Position in JPMorgan Equity Premium Income ETF $JEPI

Independence Bank of Kentucky lowered its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 83.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,157 shares of the company’s stock after selling 10,570 shares during the period. Independence Bank of Kentucky’s holdings in JPMorgan Equity Premium Income ETF were worth $123,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Clarity Asset Management Inc. acquired a new stake in JPMorgan Equity Premium Income ETF during the second quarter worth about $25,000. Asset Dedication LLC bought a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $28,000. FNY Investment Advisers LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at approximately $28,000. BTG Pactual Asset Management US LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at approximately $31,000. Finally, Logan Capital Management Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $33,000.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $56.45 on Monday. The firm has a market capitalization of $43.76 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. The firm’s 50 day simple moving average is $58.13 and its 200 day simple moving average is $57.57. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $59.90.

JPMorgan Equity Premium Income ETF Company 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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.