Savant Capital LLC Reduces Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Savant Capital LLC lowered its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 60.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 254,817 shares of the company’s stock after selling 387,683 shares during the period. Savant Capital LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $14,586,000 at the end of the most recent reporting period.

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

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $56.04 on Friday. The company has a market cap of $44.40 billion, a P/E ratio of 23.93 and a beta of 0.56. JPMorgan Equity Premium Income ETF has a one year low of $55.15 and a one year high of $59.90. The business’s 50-day simple moving average is $56.68 and its 200 day simple moving average is $57.54.

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