Oakworth Capital Inc. Has $34.36 Million Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Oakworth Capital Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 625,019 shares of the company’s stock after purchasing an additional 19,752 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for approximately 2.8% of Oakworth Capital Inc.’s investment portfolio, making the stock its 11th largest holding. Oakworth Capital Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $34,364,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Family Management Corp acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter worth approximately $25,000. Salem Investment Counselors Inc. acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $27,000. Patriot Investment Management Group Inc. acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $27,000. Janiczek Wealth Management LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $30,000. Finally, Perritt Capital Management Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 44.4% during the 3rd quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock worth $35,000 after purchasing an additional 200 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI traded down $0.21 during trading on Wednesday, hitting $55.49. 2,615,614 shares of the stock were exchanged, compared to its average volume of 3,608,559. JPMorgan Equity Premium Income ETF has a 1-year low of $51.38 and a 1-year high of $57.94. The company has a market capitalization of $32.51 billion, a price-to-earnings ratio of 24.51 and a beta of 0.54. The company’s fifty day simple moving average is $56.86 and its 200-day simple moving average is $55.26.

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.