Eastern Bank Boosts Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Eastern Bank lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 16.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 136,050 shares of the company’s stock after acquiring an additional 18,745 shares during the quarter. Eastern Bank’s holdings in JPMorgan Equity Premium Income ETF were worth $7,734,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of JEPI. Brighton Jones LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $402,000. GAMMA Investing LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 8.2% during the first quarter. GAMMA Investing LLC now owns 130,565 shares of the company’s stock worth $7,460,000 after acquiring an additional 9,934 shares during the period. CX Institutional purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter worth $66,000. First United Bank & Trust purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter worth $45,000. Finally, Thomasville National Bank grew its stake in shares of JPMorgan Equity Premium Income ETF by 0.9% during the first quarter. Thomasville National Bank now owns 103,741 shares of the company’s stock worth $5,928,000 after purchasing an additional 897 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $56.00 on Friday. The firm has a market capitalization of $40.53 billion, a PE ratio of 23.93 and a beta of 0.62. The business’s fifty day moving average price is $56.77 and its 200 day moving average price is $56.12. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month 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.