Truist Financial Corp Purchases 159,993 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Truist Financial Corp grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 19.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 980,415 shares of the company’s stock after purchasing an additional 159,993 shares during the quarter. Truist Financial Corp owned about 0.22% of JPMorgan Equity Premium Income ETF worth $53,531,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Moneta Group Investment Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at $460,136,000. Bank of America Corp DE increased its holdings in shares of JPMorgan Equity Premium Income ETF by 34.2% in the fourth quarter. Bank of America Corp DE now owns 19,174,676 shares of the company’s stock valued at $1,044,828,000 after purchasing an additional 4,884,910 shares during the period. Morgan Stanley raised its stake in shares of JPMorgan Equity Premium Income ETF by 27.5% in the fourth quarter. Morgan Stanley now owns 21,184,968 shares of the company’s stock worth $1,154,369,000 after purchasing an additional 4,567,129 shares during the last quarter. Advisor Group Holdings Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 53.1% during the fourth quarter. Advisor Group Holdings Inc. now owns 4,144,690 shares of the company’s stock worth $225,880,000 after purchasing an additional 1,438,196 shares during the period. Finally, UBS Group AG boosted its position in JPMorgan Equity Premium Income ETF by 126.2% in the fourth quarter. UBS Group AG now owns 2,446,861 shares of the company’s stock valued at $133,329,000 after buying an additional 1,365,359 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.3 %

JEPI opened at $55.13 on Friday. JPMorgan Equity Premium Income ETF has a 12-month low of $49.92 and a 12-month high of $57.89. The firm has a 50 day moving average of $54.97 and a two-hundred day moving average of $54.55. The firm has a market capitalization of $28.55 billion, a PE ratio of 21.55 and a beta of 0.62.

JPMorgan Equity Premium Income ETF 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.