CENTRAL TRUST Co Has $9.33 Million Stake in JPMorgan Equity Premium Income ETF $JEPI

CENTRAL TRUST Co raised its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.8% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 164,184 shares of the company’s stock after purchasing an additional 2,896 shares during the quarter. CENTRAL TRUST Co’s holdings in JPMorgan Equity Premium Income ETF were worth $9,334,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Kingstone Capital Partners Texas LLC increased its stake in JPMorgan Equity Premium Income ETF by 387,324.3% in the second quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock valued at $22,736,908,000 after purchasing an additional 401,771,477 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 35.9% in the 1st quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock valued at $1,609,887,000 after buying an additional 7,443,750 shares during the period. Envestnet Asset Management Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 17.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 8,939,325 shares of the company’s stock valued at $508,201,000 after buying an additional 1,327,996 shares in the last quarter. Royal Bank of Canada raised its stake in JPMorgan Equity Premium Income ETF by 10.5% during the 1st quarter. Royal Bank of Canada now owns 8,119,139 shares of the company’s stock worth $463,927,000 after buying an additional 772,858 shares during the period. Finally, Nationwide Fund Advisors bought a new position in JPMorgan Equity Premium Income ETF during the second quarter worth about $396,998,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.72 on Tuesday. The company has a market capitalization of $40.60 billion, a P/E ratio of 23.93 and a beta of 0.60. The business has a 50-day moving average of $56.86 and a two-hundred day moving average of $56.51. 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 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.