Bleakley Financial Group LLC reduced its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 78.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 37,025 shares of the company’s stock after selling 137,277 shares during the quarter. Bleakley Financial Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,119,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. FNY Investment Advisers LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $28,000. EQ Wealth Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $29,000. BTG Pactual Asset Management US LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $31,000. Logan Capital Management Inc. bought a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $33,000. Finally, VSM Wealth Advisory LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 84.1% during the 3rd quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock worth $34,000 after acquiring an additional 269 shares during the period.
JPMorgan Equity Premium Income ETF Trading Up 0.1%
Shares of NYSEARCA JEPI opened at $56.28 on Thursday. JPMorgan Equity Premium Income ETF has a 12 month low of $55.15 and a 12 month high of $59.90. The stock has a 50 day moving average of $56.73 and a 200-day moving average of $57.56. The company has a market capitalization of $44.59 billion, a P/E ratio of 23.93 and a beta of 0.56.
JPMorgan Equity Premium Income ETF 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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Want to see what other hedge funds are holding JEPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report).
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