Cambridge Trust Co. Buys 12,660 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Cambridge Trust Co. grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 797,301 shares of the company’s stock after buying an additional 12,660 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for approximately 1.8% of Cambridge Trust Co.’s portfolio, making the stock its 13th largest holding. Cambridge Trust Co. owned about 0.15% of JPMorgan Equity Premium Income ETF worth $43,836,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Morgan Stanley grew its stake in shares of JPMorgan Equity Premium Income ETF by 12.1% in the third quarter. Morgan Stanley now owns 32,695,948 shares of the company’s stock worth $1,751,195,000 after purchasing an additional 3,531,562 shares during the last quarter. International Assets Investment Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth about $647,943,000. Moneta Group Investment Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth about $460,136,000. Royal Bank of Canada grew its stake in shares of JPMorgan Equity Premium Income ETF by 15.3% in the third quarter. Royal Bank of Canada now owns 6,937,583 shares of the company’s stock worth $371,576,000 after purchasing an additional 922,303 shares during the last quarter. Finally, UBS Group AG lifted its holdings in JPMorgan Equity Premium Income ETF by 21.5% in the third quarter. UBS Group AG now owns 5,795,557 shares of the company’s stock worth $310,410,000 after buying an additional 1,024,956 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

JEPI traded down $0.19 on Thursday, hitting $55.39. The company 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 52-week low of $51.38 and a 52-week high of $57.94. The stock has a fifty day simple moving average of $56.85 and a 200-day simple moving average of $55.27. The firm has a market capitalization of $32.45 billion, a P/E ratio of 24.51 and a beta of 0.54.

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.