JPMorgan Equity Premium Income ETF $JEPI Stake Lifted by Tompkins Financial Corp

Tompkins Financial Corp boosted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 33.6% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 44,958 shares of the company’s stock after purchasing an additional 11,297 shares during the period. Tompkins Financial Corp’s holdings in JPMorgan Equity Premium Income ETF were worth $2,539,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Morgan Stanley grew its position in shares of JPMorgan Equity Premium Income ETF by 0.6% during the fourth quarter. Morgan Stanley now owns 47,234,309 shares of the company’s stock worth $2,703,692,000 after acquiring an additional 261,872 shares during the last quarter. Bank of America Corp DE boosted its stake in JPMorgan Equity Premium Income ETF by 2.1% during the 2nd quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock valued at $1,897,209,000 after purchasing an additional 690,960 shares during the period. Royal Bank of Canada boosted its stake in JPMorgan Equity Premium Income ETF by 5.7% during the 1st quarter. Royal Bank of Canada now owns 8,366,269 shares of the company’s stock valued at $474,201,000 after purchasing an additional 449,485 shares during the period. Raymond James Financial Inc. grew its position in JPMorgan Equity Premium Income ETF by 11.4% in the 4th quarter. Raymond James Financial Inc. now owns 8,099,270 shares of the company’s stock worth $463,602,000 after purchasing an additional 825,889 shares during the last quarter. Finally, Cetera Investment Advisers grew its position in JPMorgan Equity Premium Income ETF by 10.0% in the 1st quarter. Cetera Investment Advisers now owns 6,083,774 shares of the company’s stock worth $344,828,000 after purchasing an additional 553,011 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.1%

Shares of NYSEARCA:JEPI opened at $57.84 on Thursday. The firm’s 50 day moving average is $56.60 and its two-hundred day moving average is $57.17. The firm has a market capitalization of $46.13 billion, a P/E ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week 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.