Spinnaker Investment Group LLC Sells 2,107 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Spinnaker Investment Group LLC decreased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 20,037 shares of the company’s stock after selling 2,107 shares during the quarter. JPMorgan Equity Premium Income ETF comprises 0.3% of Spinnaker Investment Group LLC’s investment portfolio, making the stock its 27th largest holding. Spinnaker Investment Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,159,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Burkett Financial Services LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the first quarter worth approximately $35,000. Capital Advisors Ltd. LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 79.3% in the fourth quarter. Capital Advisors Ltd. LLC now owns 658 shares of the company’s stock valued at $36,000 after purchasing an additional 291 shares in the last quarter. Morris Financial Concepts Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 114.1% in the first quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock valued at $36,000 after purchasing an additional 331 shares in the last quarter. BOK Financial Private Wealth Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 400.0% in the fourth quarter. BOK Financial Private Wealth Inc. now owns 750 shares of the company’s stock valued at $42,000 after purchasing an additional 600 shares in the last quarter. Finally, Roble Belko & Company Inc acquired a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at $42,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI traded down $0.06 during trading hours on Thursday, reaching $56.14. The stock had a trading volume of 2,345,787 shares, compared to its average volume of 3,278,742. The business’s fifty day moving average is $56.58 and its two-hundred day moving average is $56.34. The company has a market cap of $32.94 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a twelve month low of $51.38 and a twelve month high of $57.94.

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.