Independence Bank of Kentucky Acquires 1,660 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Independence Bank of Kentucky lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 14.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,290 shares of the company’s stock after purchasing an additional 1,660 shares during the period. Independence Bank of Kentucky’s holdings in JPMorgan Equity Premium Income ETF were worth $769,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. OneAscent Financial Services LLC bought a new position in JPMorgan Equity Premium Income ETF during the first quarter valued at about $473,000. Astoria Portfolio Advisors LLC. increased its stake in JPMorgan Equity Premium Income ETF by 4.6% during the first quarter. Astoria Portfolio Advisors LLC. now owns 5,089 shares of the company’s stock valued at $283,000 after acquiring an additional 224 shares during the period. Kathmere Capital Management LLC increased its stake in JPMorgan Equity Premium Income ETF by 3.9% during the first quarter. Kathmere Capital Management LLC now owns 542,463 shares of the company’s stock valued at $31,387,000 after acquiring an additional 20,605 shares during the period. Cambridge Advisors Inc. increased its stake in JPMorgan Equity Premium Income ETF by 15.2% during the first quarter. Cambridge Advisors Inc. now owns 125,820 shares of the company’s stock valued at $7,280,000 after acquiring an additional 16,644 shares during the period. Finally, DeDora Capital Inc. bought a new position in JPMorgan Equity Premium Income ETF during the first quarter valued at about $249,000.

JPMorgan Equity Premium Income ETF Trading Down 0.1 %

NYSEARCA JEPI opened at $56.68 on Friday. The stock’s 50 day moving average is $56.59 and its two-hundred day moving average is $56.31. The company has a market capitalization of $33.26 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1-year low of $51.38 and a 1-year high of $57.94.

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.