Auour Investments LLC Has $361,000 Stake in JPMorgan Equity Premium Income ETF $JEPI

Auour Investments LLC trimmed its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 62.2% during the first quarter, HoldingsChannel.com reports. The fund owned 6,361 shares of the company’s stock after selling 10,447 shares during the quarter. Auour Investments LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $361,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Morgan Stanley lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 0.6% during the fourth quarter. Morgan Stanley now owns 47,234,309 shares of the company’s stock valued at $2,703,692,000 after acquiring an additional 261,872 shares during the period. Bank of America Corp DE grew its holdings in shares of JPMorgan Equity Premium Income ETF by 2.1% in the 2nd quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock worth $1,897,209,000 after purchasing an additional 690,960 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 11.4% in the 4th quarter. Raymond James Financial Inc. now owns 8,099,270 shares of the company’s stock worth $463,602,000 after purchasing an additional 825,889 shares during the last quarter. Nationwide Fund Advisors increased its position in shares of JPMorgan Equity Premium Income ETF by 0.7% during the 4th quarter. Nationwide Fund Advisors now owns 7,089,908 shares of the company’s stock worth $405,826,000 after purchasing an additional 51,190 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in shares of JPMorgan Equity Premium Income ETF by 7.2% during the 4th quarter. Cetera Investment Advisers now owns 5,530,763 shares of the company’s stock worth $316,581,000 after purchasing an additional 370,330 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.4%

Shares of JEPI stock opened at $56.06 on Thursday. The company has a market capitalization of $44.42 billion, a P/E ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 12-month low of $55.10 and a 12-month high of $59.90. The firm has a 50-day moving average price of $56.37 and a 200 day moving average price of $57.40.

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