Cora Capital Advisors LLC reduced its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 74.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,698 shares of the company’s stock after selling 31,765 shares during the period. Cora Capital Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $606,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of JEPI. Equitable Holdings Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 3,477.6% in the fourth 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 lifted its position in 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. boosted its position in JPMorgan Equity Premium Income ETF by 11.4% during the 4th quarter. Raymond James Financial Inc. now owns 8,099,270 shares of the company’s stock worth $463,602,000 after purchasing an additional 825,889 shares during the period. Tcfg Wealth Management LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 3,843.5% during the 3rd quarter. Tcfg Wealth Management LLC now owns 831,833 shares of the company’s stock valued at $47,498,000 after buying an additional 810,739 shares during the period. Finally, SHP Wealth Management acquired a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $42,882,000.
JPMorgan Equity Premium Income ETF Stock Performance
Shares of NYSEARCA JEPI opened at $55.83 on Wednesday. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90. The stock’s 50-day simple moving average is $56.41 and its 200-day simple moving average is $57.41. The firm has a market cap of $44.24 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54.
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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