Verus Capital Partners LLC Sells 7,731 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Verus Capital Partners LLC decreased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 14.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 46,723 shares of the company’s stock after selling 7,731 shares during the quarter. Verus Capital Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,688,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in shares of JPMorgan Equity Premium Income ETF by 18.8% during the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after purchasing an additional 3,536,406 shares in the last quarter. Strategic Financial Concepts LLC raised its stake in JPMorgan Equity Premium Income ETF by 4,498.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 1,301,762 shares of the company’s stock worth $74,890,000 after buying an additional 1,273,452 shares during the period. Eaton Financial Holdings Company LLC bought a new position in JPMorgan Equity Premium Income ETF during the third quarter worth about $51,202,000. World Investment Advisors LLC grew its stake in JPMorgan Equity Premium Income ETF by 748.5% in the third quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock valued at $47,971,000 after acquiring an additional 711,094 shares during the period. Finally, LPL Financial LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 28.0% in the third quarter. LPL Financial LLC now owns 1,900,243 shares of the company’s stock worth $113,083,000 after acquiring an additional 416,013 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $58.69 on Friday. The business’s 50-day simple moving average is $58.62 and its 200-day simple moving average is $58.92. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The stock has a market capitalization of $39.23 billion, a PE ratio of 25.75 and a beta of 0.61.

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.