Citizens Financial Group Inc. RI Increases Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Citizens Financial Group Inc. RI increased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 31,903 shares of the company’s stock after buying an additional 1,422 shares during the period. Citizens Financial Group Inc. RI’s holdings in JPMorgan Equity Premium Income ETF were worth $1,754,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Simplicity Solutions LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 5.1% during the third quarter. Simplicity Solutions LLC now owns 75,030 shares of the company’s stock valued at $4,019,000 after purchasing an additional 3,622 shares in the last quarter. Oak Harbor Wealth Partners LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 20.5% during the third quarter. Oak Harbor Wealth Partners LLC now owns 52,717 shares of the company’s stock valued at $2,824,000 after purchasing an additional 8,964 shares in the last quarter. Walkner Condon Financial Advisors LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 3.0% during the third quarter. Walkner Condon Financial Advisors LLC now owns 114,306 shares of the company’s stock valued at $6,122,000 after purchasing an additional 3,317 shares in the last quarter. U.S. Capital Wealth Advisors LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 21.1% during the third quarter. U.S. Capital Wealth Advisors LLC now owns 248,225 shares of the company’s stock valued at $13,295,000 after purchasing an additional 43,283 shares in the last quarter. Finally, Solidarity Wealth LLC purchased a new position in JPMorgan Equity Premium Income ETF during the third quarter valued at $203,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI traded up $0.17 during midday trading on Friday, hitting $56.28. The company’s stock had a trading volume of 2,284,349 shares, compared to its average volume of 3,569,882. The business’s 50 day simple moving average is $56.83 and its 200 day simple moving average is $55.40. The company has a market cap of $32.97 billion, a P/E ratio of 24.51 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 12-month low of $51.38 and a 12-month high of $57.94.

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.