742,932 Shares of JPMorgan Equity Premium Income ETF $JEPI Bought by Oakworth Capital Inc.

Oakworth Capital Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 742,932 shares of the company’s stock, valued at approximately $41,768,000. JPMorgan Equity Premium Income ETF comprises approximately 2.0% of Oakworth Capital Inc.’s portfolio, making the stock its 16th biggest holding. Oakworth Capital Inc. owned approximately 0.09% of JPMorgan Equity Premium Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in JEPI. NBH Bank bought a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $27,000. Financial Management Professionals Inc. bought a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $30,000. Olistico Wealth LLC bought a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $35,000. Dynamic Wealth Strategies LLC bought a new position in JPMorgan Equity Premium Income ETF during the 1st quarter worth approximately $51,000. Finally, Center for Financial Planning Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $51,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA JEPI opened at $57.23 on Wednesday. The company’s 50 day moving average price is $56.95 and its 200-day moving average price is $57.19. JPMorgan Equity Premium Income ETF has a 52-week low of $55.10 and a 52-week high of $59.90. The company has a market capitalization of $45.88 billion, a P/E ratio of 23.93 and a beta of 0.53.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.