Childress Capital Advisors LLC Decreases Position in JPMorgan Equity Premium Income ETF $JEPI

Childress Capital Advisors LLC cut its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 24.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 129,278 shares of the company’s stock after selling 40,792 shares during the quarter. JPMorgan Equity Premium Income ETF makes up approximately 1.2% of Childress Capital Advisors LLC’s portfolio, making the stock its 17th largest holding. Childress Capital Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $7,400,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Wealth Effects LLC lifted its stake in JPMorgan Equity Premium Income ETF by 0.6% in the 4th quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock valued at $1,809,000 after buying an additional 173 shares in the last quarter. WESPAC Advisors SoCal LLC lifted its stake in JPMorgan Equity Premium Income ETF by 4.3% in the 4th quarter. WESPAC Advisors SoCal LLC now owns 4,178 shares of the company’s stock valued at $239,000 after buying an additional 174 shares in the last quarter. Hurley Capital LLC lifted its stake in JPMorgan Equity Premium Income ETF by 2.0% in the 3rd quarter. Hurley Capital LLC now owns 9,098 shares of the company’s stock valued at $519,000 after buying an additional 177 shares in the last quarter. BOS Asset Management LLC lifted its stake in JPMorgan Equity Premium Income ETF by 3.5% in the 3rd quarter. BOS Asset Management LLC now owns 5,213 shares of the company’s stock valued at $298,000 after buying an additional 178 shares in the last quarter. Finally, Bessemer Group Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 0.9% in the 3rd quarter. Bessemer Group Inc. now owns 20,292 shares of the company’s stock valued at $1,159,000 after buying an additional 185 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.4%

Shares of JPMorgan Equity Premium Income ETF stock opened at $57.61 on Thursday. The firm has a market capitalization of $44.97 billion, a PE ratio of 23.93 and a beta of 0.58. JPMorgan Equity Premium Income ETF has a twelve month low of $52.16 and a twelve month high of $59.90. The firm’s 50-day moving average price is $57.95 and its 200 day moving average price is $57.60.

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.