19,490 Shares of JPMorgan Equity Premium Income ETF $JEPI Bought by Verity Asset Management Inc.

Verity Asset Management Inc. acquired a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 3rd quarter, Holdings Channel reports. The institutional investor acquired 19,490 shares of the company’s stock, valued at approximately $1,096,000.

A number of other institutional investors have also recently bought and sold shares of the business. Legacy Private Trust Co. acquired a new stake in JPMorgan Equity Premium Income ETF during the third quarter worth approximately $2,602,000. Private Client Services LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter valued at $3,694,000. Studio Investment Management LLC raised its holdings in JPMorgan Equity Premium Income ETF by 194.0% in the 2nd quarter. Studio Investment Management LLC now owns 54,050 shares of the company’s stock valued at $3,053,000 after acquiring an additional 35,668 shares in the last quarter. Community Financial Services Group LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter valued at $6,319,000. Finally, Tucker Asset Management LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 42.1% during the 2nd quarter. Tucker Asset Management LLC now owns 34,008 shares of the company’s stock valued at $1,921,000 after acquiring an additional 10,075 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $58.29 on Thursday. The company has a market cap of $46.76 billion, a price-to-earnings ratio of 23.93 and a beta of 0.52. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.10 and a fifty-two week high of $59.90. The stock has a fifty day moving average price of $56.92 and a 200-day moving average price of $57.17.

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