Commerce Bank Boosts Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Commerce Bank raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 73.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,961 shares of the company’s stock after acquiring an additional 3,371 shares during the period. Commerce Bank’s holdings in JPMorgan Equity Premium Income ETF were worth $474,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Cetera Investment Advisers raised its stake in JPMorgan Equity Premium Income ETF by 406.2% during the first quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock valued at $239,292,000 after purchasing an additional 3,318,702 shares in the last quarter. Strategic Financial Concepts LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 6,254.5% during the 2nd quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock valued at $595,000 after buying an additional 1,032,746 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $31,505,000. Envestnet Asset Management Inc. grew its position in JPMorgan Equity Premium Income ETF by 8.2% in the second quarter. Envestnet Asset Management Inc. now owns 7,104,167 shares of the company’s stock worth $402,664,000 after acquiring an additional 539,682 shares in the last quarter. Finally, CWM LLC increased its stake in JPMorgan Equity Premium Income ETF by 44.3% during the second quarter. CWM LLC now owns 1,739,888 shares of the company’s stock worth $98,617,000 after acquiring an additional 534,547 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $60.68 on Wednesday. The firm has a market capitalization of $35.61 billion, a price-to-earnings 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 1 year low of $54.27 and a 1 year 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.