ZEGA Investments LLC Reduces Holdings in JPMorgan Equity Premium Income ETF $JEPI

ZEGA Investments LLC lessened its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 95,410 shares of the company’s stock after selling 4,564 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 0.7% of ZEGA Investments LLC’s investment portfolio, making the stock its 14th biggest position. ZEGA Investments LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,424,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of JEPI. Brighton Jones LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth $402,000. Bank of New York Mellon Corp increased its stake in shares of JPMorgan Equity Premium Income ETF by 4.8% during the first quarter. Bank of New York Mellon Corp now owns 586,093 shares of the company’s stock valued at $33,489,000 after buying an additional 26,611 shares during the period. Crossmark Global Holdings Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 46.2% in the first quarter. Crossmark Global Holdings Inc. now owns 11,878 shares of the company’s stock valued at $679,000 after acquiring an additional 3,755 shares in the last quarter. Brown Advisory Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 2.2% in the first quarter. Brown Advisory Inc. now owns 30,345 shares of the company’s stock worth $1,734,000 after acquiring an additional 656 shares during the period. Finally, M&T Bank Corp purchased a new stake in JPMorgan Equity Premium Income ETF in the first quarter worth about $248,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.45 on Friday. The stock has a market cap of $40.41 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. The firm’s 50-day moving average is $56.87 and its two-hundred day moving average is $56.46. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $60.88.

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.