Cambridge Trust Co. Increases Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Cambridge Trust Co. increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 797,301 shares of the company’s stock after purchasing an additional 12,660 shares during the period. JPMorgan Equity Premium Income ETF accounts for about 1.8% of Cambridge Trust Co.’s investment portfolio, making the stock its 13th biggest holding. Cambridge Trust Co.’s holdings in JPMorgan Equity Premium Income ETF were worth $43,836,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in JEPI. International Assets Investment Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $647,943,000. Moneta Group Investment Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at approximately $460,136,000. Morgan Stanley increased its position in shares of JPMorgan Equity Premium Income ETF by 27.5% in the 4th quarter. Morgan Stanley now owns 21,184,968 shares of the company’s stock valued at $1,154,369,000 after purchasing an additional 4,567,129 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 41.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,521,187 shares of the company’s stock valued at $295,715,000 after purchasing an additional 1,618,295 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of JPMorgan Equity Premium Income ETF by 1,421.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,536,371 shares of the company’s stock valued at $82,288,000 after purchasing an additional 1,435,379 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI traded down $0.19 during trading hours on Thursday, reaching $55.39. The stock had a trading volume of 2,050,129 shares, compared to its average volume of 3,595,025. JPMorgan Equity Premium Income ETF has a 1 year low of $51.38 and a 1 year high of $57.94. The firm’s 50 day moving average is $56.85 and its 200-day moving average is $55.27. The stock has a market capitalization of $32.45 billion, a price-to-earnings ratio of 24.51 and a beta of 0.54.

JPMorgan Equity Premium Income ETF 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.