Legacy Private Trust Co. Buys New Position in JPMorgan Equity Premium Income ETF $JEPI

Legacy Private Trust Co. purchased a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 46,277 shares of the company’s stock, valued at approximately $2,602,000.

A number of other institutional investors and hedge funds have also bought and sold shares of JEPI. Olistico Wealth LLC purchased a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter worth $35,000. Tompkins Financial Corp purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at about $2,537,000. CX Institutional bought a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at about $245,000. Private Client Services LLC purchased a new position in JPMorgan Equity Premium Income ETF during the third quarter worth about $3,694,000. Finally, Envestnet Portfolio Solutions Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 20.9% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 102,915 shares of the company’s stock worth $5,813,000 after purchasing an additional 17,807 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.4%

JEPI stock traded up $0.21 during trading on Tuesday, reaching $56.51. The stock had a trading volume of 2,867,811 shares, compared to its average volume of 5,159,257. The company has a market capitalization of $45.53 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a one year low of $55.10 and a one year high of $59.90. The company’s 50 day moving average is $57.13 and its two-hundred day moving average is $56.72.

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.