Cadence Bank Raises Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Cadence Bank boosted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 11.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 97,580 shares of the company’s stock after buying an additional 10,285 shares during the quarter. Cadence Bank’s holdings in JPMorgan Equity Premium Income ETF were worth $5,807,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in JEPI. Salomon & Ludwin LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the third quarter worth $25,000. HHM Wealth Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at about $28,000. Running Point Capital Advisors LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 131.2% during 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 during the period. Centerpoint Advisors LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $43,000. Finally, Brown Lisle Cummings Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 48.0% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after purchasing an additional 255 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $60.68 on Wednesday. The stock has a market capitalization of $35.61 billion, a PE ratio of 24.40 and a beta of 0.53. The business has a 50 day simple moving average of $59.39 and a 200-day simple moving average of $57.85. JPMorgan Equity Premium Income ETF has a 12 month low of $54.27 and a 12 month high of $60.68.

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.