JPMorgan Equity Premium Income ETF $JEPI Shares Acquired by Fifth Third Bancorp

Fifth Third Bancorp increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1,476.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 347,694 shares of the company’s stock after purchasing an additional 325,632 shares during the quarter. Fifth Third Bancorp’s holdings in JPMorgan Equity Premium Income ETF were worth $19,707,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Equitable Holdings Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 3,477.6% in the fourth quarter. Equitable Holdings Inc. now owns 1,853,767 shares of the company’s stock valued at $106,110,000 after buying an additional 1,801,951 shares during the last quarter. Tableaux LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 1,462.3% in the 4th quarter. Tableaux LLC now owns 1,503,922 shares of the company’s stock valued at $86,084,000 after acquiring an additional 1,407,660 shares during the period. Raymond James Financial Inc. increased its stake in JPMorgan Equity Premium Income ETF by 11.4% in the fourth quarter. Raymond James Financial Inc. now owns 8,099,270 shares of the company’s stock valued at $463,602,000 after purchasing an additional 825,889 shares during the period. Tcfg Wealth Management LLC increased its position in JPMorgan Equity Premium Income ETF by 3,843.5% in the 3rd quarter. Tcfg Wealth Management LLC now owns 831,833 shares of the company’s stock valued at $47,498,000 after acquiring an additional 810,739 shares during the period. Finally, SHP Wealth Management purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $42,882,000.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $56.76 on Tuesday. The stock has a market capitalization of $45.17 billion, a P/E ratio of 23.93 and a beta of 0.54. The firm has a 50-day moving average price of $56.13 and a 200 day moving average price of $57.31. JPMorgan Equity Premium Income ETF has a 52-week low of $55.10 and a 52-week high of $59.90.

About JPMorgan Equity Premium Income ETF

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.