Commerce Bank Acquires 3,371 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Commerce Bank grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 73.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,961 shares of the company’s stock after acquiring an additional 3,371 shares during the period. Commerce Bank’s holdings in JPMorgan Equity Premium Income ETF were worth $474,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of JEPI. Salomon & Ludwin LLC purchased a new position in JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $25,000. HHM Wealth Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $28,000. Centerpoint Advisors LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $43,000. Brown Lisle Cummings Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 48.0% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after buying an additional 255 shares during the period. Finally, Pathway Financial Advisers LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter worth $49,000.

JPMorgan Equity Premium Income ETF Stock Up 0.3 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $60.68 on Wednesday. The company has a market capitalization of $35.61 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The stock’s 50-day simple moving average is $59.39 and its 200-day simple moving average is $57.85. JPMorgan Equity Premium Income ETF has a 52 week low of $54.27 and a 52 week high of $60.68.

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.