Bell Bank Makes New Investment in JPMorgan Equity Premium Income ETF $JEPI

Bell Bank acquired a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 46,242 shares of the company’s stock, valued at approximately $2,600,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Newman Dignan & Sheerar Inc. bought a new position in JPMorgan Equity Premium Income ETF in the third quarter valued at about $257,000. Pinnacle Associates Ltd. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 0.4% during the third quarter. Pinnacle Associates Ltd. now owns 731,398 shares of the company’s stock valued at $41,119,000 after purchasing an additional 2,661 shares in the last quarter. Sulzberger Capital Advisors Inc. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 6.1% during the third quarter. Sulzberger Capital Advisors Inc. now owns 155,302 shares of the company’s stock valued at $8,731,000 after purchasing an additional 8,996 shares in the last quarter. Taylor Securities Services Inc. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 80.8% during the third quarter. Taylor Securities Services Inc. now owns 64,835 shares of the company’s stock valued at $3,645,000 after purchasing an additional 28,983 shares in the last quarter. Finally, Zullo Investment Group Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 65.5% during the third quarter. Zullo Investment Group Inc. now owns 6,809 shares of the company’s stock worth $383,000 after purchasing an additional 2,696 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.5%

NYSEARCA:JEPI opened at $57.36 on Wednesday. The stock’s 50-day moving average is $57.01 and its 200-day moving average is $56.76. JPMorgan Equity Premium Income ETF has a 1-year low of $55.10 and a 1-year high of $59.90. The stock has a market cap of $46.00 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.