Cora Capital Advisors LLC reduced its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 74.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,698 shares of the company’s stock after selling 31,765 shares during the period. Cora Capital Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $606,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Nottingham Advisors Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 21.6% in the first quarter. Nottingham Advisors Inc. now owns 816,880 shares of the company’s stock valued at $46,301,000 after purchasing an additional 144,966 shares during the last quarter. Richards Merrill & Peterson Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 105.2% during the 1st quarter. Richards Merrill & Peterson Inc. now owns 2,257 shares of the company’s stock worth $128,000 after buying an additional 1,157 shares during the last quarter. Murphy & Mullick Capital Management Corp lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 7.1% in the first quarter. Murphy & Mullick Capital Management Corp now owns 23,212 shares of the company’s stock valued at $1,316,000 after purchasing an additional 1,536 shares in the last quarter. Krilogy Financial LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 1.0% during the 1st quarter. Krilogy Financial LLC now owns 160,649 shares of the company’s stock worth $9,252,000 after purchasing an additional 1,655 shares in the last quarter. Finally, Wealth Management Partners LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 6.9% during the 1st quarter. Wealth Management Partners LLC now owns 7,296 shares of the company’s stock worth $414,000 after purchasing an additional 473 shares in the last quarter.
JPMorgan Equity Premium Income ETF Price Performance
Shares of JPMorgan Equity Premium Income ETF stock opened at $55.83 on Wednesday. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90. The business has a 50 day moving average price of $56.41 and a 200 day moving average price of $57.41. The company has a market capitalization of $44.24 billion, a P/E ratio of 23.93 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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.
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