Verus Capital Partners LLC trimmed its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 54.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,041 shares of the company’s stock after selling 38,433 shares during the period. Verus Capital Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,834,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Crescent Grove Advisors LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 163.6% during the fourth quarter. Crescent Grove Advisors LLC now owns 14,798 shares of the company’s stock worth $850,000 after buying an additional 9,184 shares in the last quarter. Cibc World Market Inc. raised its position in JPMorgan Equity Premium Income ETF by 2.7% in the 4th quarter. Cibc World Market Inc. now owns 82,953 shares of the company’s stock valued at $4,748,000 after buying an additional 2,160 shares during the last quarter. Lido Advisors LLC lifted its stake in JPMorgan Equity Premium Income ETF by 2.1% in the 4th quarter. Lido Advisors LLC now owns 403,182 shares of the company’s stock valued at $23,032,000 after acquiring an additional 8,242 shares in the last quarter. Private Wealth Asset Management LLC lifted its stake in JPMorgan Equity Premium Income ETF by 69.4% in the 4th quarter. Private Wealth Asset Management LLC now owns 13,678 shares of the company’s stock valued at $783,000 after acquiring an additional 5,603 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in JPMorgan Equity Premium Income ETF by 7.2% during the 4th quarter. Bank of New York Mellon Corp now owns 2,135,264 shares of the company’s stock worth $122,223,000 after acquiring an additional 143,183 shares during the last quarter.
JPMorgan Equity Premium Income ETF Stock Up 0.1%
NYSEARCA:JEPI opened at $55.41 on Thursday. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90. The company has a market cap of $43.90 billion, a P/E ratio of 23.93 and a beta of 0.56. The business has a 50 day moving average price of $56.62 and a two-hundred day moving average price of $57.51.
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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