Silver Oak Securities Incorporated reduced its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 23.7% in the first quarter, according to its most recent filing with the SEC. The fund owned 38,880 shares of the company’s stock after selling 12,072 shares during the period. Silver Oak Securities Incorporated’s holdings in JPMorgan Equity Premium Income ETF were worth $2,204,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JEPI. Rice Partnership LLC raised its position in JPMorgan Equity Premium Income ETF by 124.5% during the fourth quarter. Rice Partnership LLC now owns 449 shares of the company’s stock valued at $26,000 after purchasing an additional 249 shares in the last quarter. Providence Capital Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth about $26,000. FNY Investment Advisers LLC bought a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth about $28,000. EQ Wealth Advisors LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth about $29,000. Finally, Monetary Solutions Ltd purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth about $30,000.
JPMorgan Equity Premium Income ETF Trading Up 0.4%
Shares of JPMorgan Equity Premium Income ETF stock opened at $56.06 on Thursday. The firm has a market capitalization of $44.42 billion, a PE 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 business’s 50-day moving average price is $56.37 and its 200-day moving average price is $57.40.
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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