JPMorgan Equity Premium Income ETF $JEPI Shares Sold by &PARTNERS

&PARTNERS cut its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 642,316 shares of the company’s stock after selling 18,985 shares during the period. &PARTNERS’s holdings in JPMorgan Equity Premium Income ETF were worth $36,821,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Crewe Advisors LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 32.9% during the 4th quarter. Crewe Advisors LLC now owns 38,406 shares of the company’s stock worth $2,198,000 after buying an additional 9,514 shares in the last quarter. Cascade Wealth Advisors Inc raised its position in shares of JPMorgan Equity Premium Income ETF by 5.9% during the 3rd quarter. Cascade Wealth Advisors Inc now owns 268,627 shares of the company’s stock worth $15,237,000 after buying an additional 14,899 shares in the last quarter. Clearstead Trust LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 307.8% during the 3rd quarter. Clearstead Trust LLC now owns 79,494 shares of the company’s stock worth $4,539,000 after buying an additional 59,999 shares in the last quarter. Capital Investment Advisory Services LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 32.7% during the 4th quarter. Capital Investment Advisory Services LLC now owns 225,716 shares of the company’s stock worth $12,920,000 after buying an additional 55,610 shares in the last quarter. Finally, Cyndeo Wealth Partners LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 90.4% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 26,937 shares of the company’s stock worth $1,542,000 after buying an additional 12,790 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.3%

JEPI stock opened at $56.55 on Wednesday. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week high of $59.90. The company has a market capitalization of $44.81 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. The firm’s 50-day moving average is $56.53 and its two-hundred day moving average is $57.46.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.