US Bancorp DE Purchases 3,706 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

US Bancorp DE raised its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 19.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,400 shares of the company’s stock after acquiring an additional 3,706 shares during the quarter. US Bancorp DE’s holdings in JPMorgan Equity Premium Income ETF were worth $1,333,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Larson Financial Group LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 129.8% during the 1st quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock worth $32,000 after purchasing an additional 314 shares in the last quarter. Oppenheimer & Co. Inc. lifted its position in JPMorgan Equity Premium Income ETF by 17.1% in the 1st quarter. Oppenheimer & Co. Inc. now owns 124,042 shares of the company’s stock valued at $7,177,000 after acquiring an additional 18,152 shares in the last quarter. Nelson Capital Management LLC lifted its position in JPMorgan Equity Premium Income ETF by 2.3% in the 1st quarter. Nelson Capital Management LLC now owns 33,781 shares of the company’s stock valued at $1,955,000 after acquiring an additional 763 shares in the last quarter. Nvwm LLC lifted its position in JPMorgan Equity Premium Income ETF by 1.7% in the 1st quarter. Nvwm LLC now owns 14,548 shares of the company’s stock valued at $842,000 after acquiring an additional 250 shares in the last quarter. Finally, Bernardo Wealth Planning LLC lifted its position in JPMorgan Equity Premium Income ETF by 0.8% in the 1st quarter. Bernardo Wealth Planning LLC now owns 273,712 shares of the company’s stock valued at $15,837,000 after acquiring an additional 2,148 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA JEPI opened at $59.67 on Friday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $53.33 and a fifty-two week high of $59.97. The stock has a market cap of $35.01 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The firm’s 50-day simple moving average is $59.04 and its 200 day simple moving average is $57.53.

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.