Sterling Investment Counsel LLC Purchases 30,890 Shares of JPMorgan Equity Premium Income ETF $JEPI

Sterling Investment Counsel LLC lifted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 582,131 shares of the company’s stock after purchasing an additional 30,890 shares during the period. JPMorgan Equity Premium Income ETF comprises 7.5% of Sterling Investment Counsel LLC’s portfolio, making the stock its 3rd largest position. Sterling Investment Counsel LLC owned 0.07% of JPMorgan Equity Premium Income ETF worth $32,727,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 1.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 11,312,713 shares of the company’s stock valued at $638,942,000 after purchasing an additional 146,792 shares in the last quarter. Royal Bank of Canada lifted its holdings in JPMorgan Equity Premium Income ETF by 5.7% in the 1st quarter. Royal Bank of Canada now owns 8,366,269 shares of the company’s stock worth $474,201,000 after buying an additional 449,485 shares in the last quarter. Cetera Investment Advisers boosted 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 valued at $344,828,000 after buying an additional 553,011 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 4.0% during the first quarter. Janney Montgomery Scott LLC now owns 2,800,288 shares of the company’s stock valued at $158,720,000 after acquiring an additional 107,684 shares in the last quarter. Finally, Cornerstone Advisory LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 3.5% during the first quarter. Cornerstone Advisory LLC now owns 2,030,560 shares of the company’s stock valued at $115,092,000 after acquiring an additional 68,589 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.0%

Shares of JPMorgan Equity Premium Income ETF stock traded up $0.02 during trading hours on Monday, hitting $57.06. 4,243,543 shares of the company’s stock traded hands, compared to its average volume of 5,132,524. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90. The company has a market cap of $45.78 billion, a PE ratio of 23.93 and a beta of 0.53. The stock has a 50 day simple moving average of $57.03 and a 200-day simple moving average of $56.75.

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.