STAR Financial Bank trimmed its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 70.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,798 shares of the company’s stock after selling 23,777 shares during the period. STAR Financial Bank’s holdings in JPMorgan Equity Premium Income ETF were worth $583,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of JEPI. Salomon & Ludwin LLC acquired a new position in JPMorgan Equity Premium Income ETF in the third quarter worth about $25,000. HHM Wealth Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at about $28,000. Beaird Harris Wealth Management LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 1st quarter valued at $38,000. Centerpoint Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF during the second quarter valued at about $43,000. Finally, Brown Lisle Cummings Inc. lifted its position in JPMorgan Equity Premium Income ETF by 48.0% in the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after purchasing an additional 255 shares during the period.
JPMorgan Equity Premium Income ETF Price Performance
JPMorgan Equity Premium Income ETF stock opened at $59.46 on Thursday. The stock has a fifty day moving average price of $59.31 and a two-hundred day moving average price of $57.77. JPMorgan Equity Premium Income ETF has a 52-week low of $54.27 and a 52-week high of $60.20. The firm has a market capitalization of $34.89 billion, a P/E ratio of 24.40 and a beta of 0.53.
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.
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