Community Bank N.A. Boosts Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Community Bank N.A. raised its stake 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 filing with the Securities & Exchange Commission. The fund owned 223,415 shares of the company’s stock after acquiring an additional 13,684 shares during the period. JPMorgan Equity Premium Income ETF makes up 1.6% of Community Bank N.A.’s investment portfolio, making the stock its 11th biggest holding. Community Bank N.A.’s holdings in JPMorgan Equity Premium Income ETF were worth $12,281,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Perritt Capital Management Inc. increased its position in 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 during the period. Albion Financial Group UT increased its position in JPMorgan Equity Premium Income ETF by 8,375.0% during the 3rd quarter. Albion Financial Group UT now owns 678 shares of the company’s stock worth $36,000 after purchasing an additional 670 shares during the period. Capital Advisors Ltd. LLC increased its position in JPMorgan Equity Premium Income ETF by 79.3% during the 4th quarter. Capital Advisors Ltd. LLC now owns 658 shares of the company’s stock worth $36,000 after purchasing an additional 291 shares during the period. BOK Financial Private Wealth Inc. increased its position in JPMorgan Equity Premium Income ETF by 400.0% during the 4th quarter. BOK Financial Private Wealth Inc. now owns 750 shares of the company’s stock worth $42,000 after purchasing an additional 600 shares during the period. Finally, Roble Belko & Company Inc acquired a new position in JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $42,000.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI traded up $0.05 on Wednesday, hitting $56.41. 3,163,193 shares of the company’s stock were exchanged, compared to its average volume of 3,591,628. The firm’s 50-day moving average price is $56.83 and its two-hundred day moving average price is $55.38. JPMorgan Equity Premium Income ETF has a fifty-two week low of $51.38 and a fifty-two week high of $57.94. The firm has a market cap of $33.04 billion, a price-to-earnings ratio of 24.51 and a beta of 0.54.

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.