Lineweaver Wealth Advisors LLC decreased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 3.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,710 shares of the company’s stock after selling 535 shares during the period. Lineweaver Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $904,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of Jackson Hole Trust acquired a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $28,000. Ulland Investment Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth $31,000. Creative Capital Management Investments LLC bought a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at about $32,000. Running Point Capital Advisors LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 131.2% during the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after acquiring an additional 362 shares in the last quarter. Finally, Missouri Trust & Investment Co increased its holdings in shares of JPMorgan Equity Premium Income ETF by 737.2% during the 4th quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock valued at $41,000 after acquiring an additional 634 shares during the last quarter.
JPMorgan Equity Premium Income ETF Stock Performance
Shares of JEPI stock opened at $59.09 on Thursday. The company has a market capitalization of $39.50 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61. The stock’s 50 day simple moving average is $58.59 and its 200 day simple moving average is $58.92. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month high of $60.88.
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.
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