JPMorgan Equity Premium Income ETF $JEPI Position Trimmed by Sigma Planning Corp

Sigma Planning Corp decreased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 20.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 151,743 shares of the company’s stock after selling 38,329 shares during the period. Sigma Planning Corp’s holdings in JPMorgan Equity Premium Income ETF were worth $8,688,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in JEPI. Brighton Jones LLC bought a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter valued at $402,000. AQR Capital Management LLC increased its stake in JPMorgan Equity Premium Income ETF by 28.1% during the first quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock valued at $4,845,000 after purchasing an additional 18,619 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in JPMorgan Equity Premium Income ETF during the first quarter valued at $847,000. Schnieders Capital Management LLC. bought a new stake in JPMorgan Equity Premium Income ETF during the second quarter valued at $3,093,000. Finally, First Trust Advisors LP bought a new stake in JPMorgan Equity Premium Income ETF during the second quarter valued at $529,000.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $57.59 on Friday. JPMorgan Equity Premium Income ETF has a 1-year low of $55.01 and a 1-year high of $59.90. The firm has a fifty day moving average price of $57.58 and a two-hundred day moving average price of $57.64. The firm has a market cap of $45.40 billion, a price-to-earnings ratio of 23.93 and a beta of 0.58.

About JPMorgan Equity Premium Income ETF

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.