JPMorgan Equity Premium Income ETF $JEPI Holdings Boosted by Sterling Investment Counsel LLC

Sterling Investment Counsel LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.6% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 582,131 shares of the company’s stock after acquiring an additional 30,890 shares during the period. JPMorgan Equity Premium Income ETF accounts for 7.5% of Sterling Investment Counsel LLC’s portfolio, making the stock its 3rd biggest position. Sterling Investment Counsel LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $32,727,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. Legacy Private Trust Co. acquired a new stake in JPMorgan Equity Premium Income ETF in the third quarter valued at $2,602,000. Private Client Services LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter worth $3,694,000. Community Financial Services Group LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter worth $6,319,000. Studio Investment Management LLC grew its holdings in JPMorgan Equity Premium Income ETF by 194.0% during the 2nd quarter. Studio Investment Management LLC now owns 54,050 shares of the company’s stock worth $3,053,000 after acquiring an additional 35,668 shares in the last quarter. Finally, Nottingham Advisors Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 21.6% during the 1st quarter. Nottingham Advisors Inc. now owns 816,880 shares of the company’s stock worth $46,301,000 after acquiring an additional 144,966 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.0%

Shares of JEPI traded up $0.02 during midday trading on Monday, hitting $57.06. The company had a trading volume of 4,243,543 shares, compared to its average volume of 5,132,524. The company’s 50 day moving average price is $57.03 and its 200 day moving average price is $56.75. The stock has a market cap of $45.78 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week high of $59.90.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.