Truist Financial Corp Has $47.09 Million Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Truist Financial Corp increased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 16.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 818,500 shares of the company’s stock after acquiring an additional 112,626 shares during the quarter. Truist Financial Corp owned 0.14% of JPMorgan Equity Premium Income ETF worth $47,088,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Salomon & Ludwin LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at $25,000. Ulland Investment Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter worth about $31,000. Running Point Capital Advisors LLC lifted its stake in 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 worth $38,000 after acquiring an additional 362 shares in the last quarter. Missouri Trust & Investment Co grew its stake in JPMorgan Equity Premium Income ETF by 737.2% during the 4th quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock valued at $41,000 after acquiring an additional 634 shares in the last quarter. Finally, Brown Lisle Cummings Inc. grew its stake in 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 in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $59.17 on Tuesday. The firm has a market capitalization of $34.72 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The company has a 50 day simple moving average of $58.57 and a 200-day simple moving average of $58.77. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88.

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.