Somerset Trust Co Has $1.66 Million Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Somerset Trust Co lifted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 28,930 shares of the company’s stock after buying an additional 1,754 shares during the quarter. Somerset Trust Co’s holdings in JPMorgan Equity Premium Income ETF were worth $1,664,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of JEPI. Salomon & Ludwin LLC bought a new stake in JPMorgan Equity Premium Income ETF in the third quarter worth approximately $25,000. Running Point Capital Advisors LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 131.2% in the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after acquiring an additional 362 shares in the last quarter. Brown Lisle Cummings Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 48.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after acquiring an additional 255 shares during the period. Pathway Financial Advisers LLC bought a new position in JPMorgan Equity Premium Income ETF during the third quarter worth $49,000. Finally, Abound Wealth Management raised its holdings in shares of JPMorgan Equity Premium Income ETF by 1,320.8% during the fourth quarter. Abound Wealth Management now owns 1,094 shares of the company’s stock valued at $63,000 after purchasing an additional 1,017 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 0.4 %

NYSEARCA JEPI opened at $58.50 on Friday. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88. The business has a 50 day moving average price of $59.02 and a 200-day moving average price of $58.41. The company has a market cap of $34.33 billion, a price-to-earnings ratio of 24.40 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.