JPMorgan Equity Premium Income ETF $JEPI Shares Sold by Boreal Capital Management LLC

Boreal Capital Management LLC decreased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 32.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 24,214 shares of the company’s stock after selling 11,560 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for about 1.3% of Boreal Capital Management LLC’s investment portfolio, making the stock its 20th largest position. Boreal Capital Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,372,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. Equitable Holdings Inc. raised its stake in JPMorgan Equity Premium Income ETF by 3,477.6% during the 4th quarter. Equitable Holdings Inc. now owns 1,853,767 shares of the company’s stock valued at $106,110,000 after purchasing an additional 1,801,951 shares during the period. Tableaux LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 1,462.3% during the fourth quarter. Tableaux LLC now owns 1,503,922 shares of the company’s stock valued at $86,084,000 after buying an additional 1,407,660 shares in the last quarter. Raymond James Financial Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 11.4% during the fourth quarter. Raymond James Financial Inc. now owns 8,099,270 shares of the company’s stock valued at $463,602,000 after buying an additional 825,889 shares in the last quarter. SHP Wealth Management acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at $42,882,000. Finally, RiverFront Investment Group LLC lifted its stake in JPMorgan Equity Premium Income ETF by 24.0% in the 4th quarter. RiverFront Investment Group LLC now owns 3,804,642 shares of the company’s stock worth $217,778,000 after acquiring an additional 737,043 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $56.80 on Friday. The company has a market capitalization of $45.36 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. The business’s 50-day moving average is $56.22 and its 200-day moving average is $57.24. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.10 and a fifty-two week high of $59.90.

About JPMorgan Equity Premium Income ETF

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.