Cullen Frost Bankers Inc. Increases Stake in JPMorgan Equity Premium Income ETF $JEPI

Cullen Frost Bankers Inc. increased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 30.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,253 shares of the company’s stock after buying an additional 5,403 shares during the period. Cullen Frost Bankers Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,322,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in JEPI. Atlas Capital Advisors Inc. boosted its position in JPMorgan Equity Premium Income ETF by 12.1% during the first quarter. Atlas Capital Advisors Inc. now owns 4,670 shares of the company’s stock valued at $267,000 after purchasing an additional 504 shares in the last quarter. GAMMA Investing LLC boosted its position in JPMorgan Equity Premium Income ETF by 8.2% during the first quarter. GAMMA Investing LLC now owns 130,565 shares of the company’s stock valued at $7,460,000 after purchasing an additional 9,934 shares in the last quarter. Coastline Trust Co boosted its position in JPMorgan Equity Premium Income ETF by 14.0% during the second quarter. Coastline Trust Co now owns 1,981 shares of the company’s stock valued at $113,000 after purchasing an additional 243 shares in the last quarter. Grandview Asset Management LLC boosted its position in JPMorgan Equity Premium Income ETF by 8.6% during the second quarter. Grandview Asset Management LLC now owns 14,976 shares of the company’s stock valued at $851,000 after purchasing an additional 1,181 shares in the last quarter. Finally, Parallel Advisors LLC boosted its position in JPMorgan Equity Premium Income ETF by 3.1% during the second quarter. Parallel Advisors LLC now owns 45,589 shares of the company’s stock valued at $2,592,000 after purchasing an additional 1,372 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock opened at $57.46 on Friday. JPMorgan Equity Premium Income ETF has a 1-year low of $49.94 and a 1-year high of $60.88. The stock’s 50-day moving average is $56.91 and its 200 day moving average is $56.20. The company has a market cap of $41.34 billion, a P/E ratio of 23.93 and a beta of 0.62.

About JPMorgan Equity Premium Income ETF

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.