Wick Capital Partners LLC Sells 55,271 Shares of JPMorgan Equity Premium Income ETF $JEPI

Wick Capital Partners LLC trimmed its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 39.2% in the 4th quarter, HoldingsChannel reports. The fund owned 85,701 shares of the company’s stock after selling 55,271 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 0.9% of Wick Capital Partners LLC’s holdings, making the stock its 21st largest holding. Wick Capital Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,906,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Equitable Holdings Inc. lifted its holdings in JPMorgan Equity Premium Income ETF by 3,477.6% during 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 in the last quarter. Tableaux LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 1,462.3% in the fourth quarter. Tableaux LLC now owns 1,503,922 shares of the company’s stock worth $86,084,000 after purchasing an additional 1,407,660 shares in the last quarter. Raymond James Financial Inc. raised its position in shares of 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 valued at $463,602,000 after purchasing an additional 825,889 shares during the period. Tcfg Wealth Management LLC raised its position 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 purchasing an additional 810,739 shares during the period. Finally, RiverFront Investment Group LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 24.0% during the 4th quarter. RiverFront Investment Group LLC now owns 3,804,642 shares of the company’s stock valued at $217,778,000 after buying an additional 737,043 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.10 on Friday. The company has a market capitalization of $44.45 billion, a P/E ratio of 23.93 and a beta of 0.54. The company has a fifty day moving average of $56.48 and a 200 day moving average of $57.42. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.10 and a fifty-two week high of $59.90.

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.