VeraBank N.A. Sells 27,246 Shares of JPMorgan Equity Premium Income ETF $JEPI

VeraBank N.A. decreased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 20.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 103,073 shares of the company’s stock after selling 27,246 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 1.1% of VeraBank N.A.’s holdings, making the stock its 20th largest holding. VeraBank N.A.’s holdings in JPMorgan Equity Premium Income ETF were worth $5,900,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Wealth Effects LLC increased its stake in JPMorgan Equity Premium Income ETF by 0.6% in the fourth quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock worth $1,809,000 after purchasing an additional 173 shares during the period. WESPAC Advisors SoCal LLC increased its stake in JPMorgan Equity Premium Income ETF by 4.3% in the fourth quarter. WESPAC Advisors SoCal LLC now owns 4,178 shares of the company’s stock worth $239,000 after purchasing an additional 174 shares during the period. Aspen Wealth Strategies LLC increased its stake in JPMorgan Equity Premium Income ETF by 4.5% in the fourth quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock worth $231,000 after purchasing an additional 174 shares during the period. Morey & Quinn Wealth Partners LLC increased its stake in JPMorgan Equity Premium Income ETF by 4.9% in the fourth quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock worth $213,000 after purchasing an additional 175 shares during the period. Finally, Hurley Capital LLC increased its stake in JPMorgan Equity Premium Income ETF by 2.0% in the third quarter. Hurley Capital LLC now owns 9,098 shares of the company’s stock worth $519,000 after purchasing an additional 177 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.9%

JEPI stock opened at $55.29 on Thursday. The business’s fifty day simple moving average is $56.56 and its two-hundred day simple moving average is $57.49. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90. The firm has a market cap of $43.81 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.