JPMorgan Equity Premium Income ETF $JEPI Position Increased by Truist Financial Corp

Truist Financial Corp boosted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,021,923 shares of the company’s stock after purchasing an additional 14,729 shares during the quarter. Truist Financial Corp’s holdings in JPMorgan Equity Premium Income ETF were worth $58,352,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Bank of America Corp DE lifted its stake in JPMorgan Equity Premium Income ETF by 2.1% in the second quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock valued at $1,897,209,000 after buying an additional 690,960 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings 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 worth $508,201,000 after acquiring an additional 1,327,996 shares during the period. Raymond James Financial Inc. lifted its position in JPMorgan Equity Premium Income ETF by 9.9% in the 2nd quarter. Raymond James Financial Inc. now owns 7,072,179 shares of the company’s stock valued at $402,053,000 after purchasing an additional 636,586 shares during the last quarter. Nationwide Fund Advisors boosted its stake in JPMorgan Equity Premium Income ETF by 0.8% during the 3rd quarter. Nationwide Fund Advisors now owns 7,038,718 shares of the company’s stock valued at $401,911,000 after purchasing an additional 55,467 shares during the period. Finally, Osaic Holdings Inc. grew its position in JPMorgan Equity Premium Income ETF by 1.4% in the 2nd quarter. Osaic Holdings Inc. now owns 6,248,359 shares of the company’s stock worth $355,327,000 after purchasing an additional 85,326 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.3%

JEPI opened at $58.42 on Thursday. The business’s 50 day moving average is $57.73 and its 200-day moving average is $57.13. The stock has a market cap of $42.80 billion, a PE ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month high of $59.73.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.