NBT Bank N A NY Boosts Position in JPMorgan Equity Premium Income ETF $JEPI

NBT Bank N A NY boosted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 90.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,535 shares of the company’s stock after buying an additional 9,255 shares during the quarter. NBT Bank N A NY’s holdings in JPMorgan Equity Premium Income ETF were worth $1,107,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Private Wealth Partners LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 12.1% during the first quarter. Private Wealth Partners LLC now owns 21,638 shares of the company’s stock worth $1,226,000 after acquiring an additional 2,333 shares during the period. Koshinski Asset Management Inc. grew its stake in JPMorgan Equity Premium Income ETF by 11.5% in the first quarter. Koshinski Asset Management Inc. now owns 172,000 shares of the company’s stock worth $9,749,000 after purchasing an additional 17,706 shares in the last quarter. Hunter Associates Investment Management LLC increased its holdings in JPMorgan Equity Premium Income ETF by 24.5% during the 1st quarter. Hunter Associates Investment Management LLC now owns 157,419 shares of the company’s stock worth $8,914,000 after purchasing an additional 30,970 shares during the period. Turn8 Private Wealth Inc. raised its position in JPMorgan Equity Premium Income ETF by 22.1% during the 1st quarter. Turn8 Private Wealth Inc. now owns 145,448 shares of the company’s stock valued at $8,244,000 after purchasing an additional 26,285 shares in the last quarter. Finally, Level Wealth Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 1st quarter worth $340,000.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $56.71 on Monday. JPMorgan Equity Premium Income ETF has a 1-year low of $55.10 and a 1-year high of $59.90. The business has a 50-day moving average price of $56.20 and a 200 day moving average price of $57.34. The company has a market capitalization of $44.96 billion, a P/E ratio of 23.93 and a beta of 0.54.

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.