JPMorgan Equity Premium Income ETF $JEPI Stock Sold by Signature Equity Partners LLC

Signature Equity Partners LLC lessened its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 90.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,635 shares of the company’s stock after selling 24,983 shares during the period. Signature Equity Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $148,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. NBH Bank acquired a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter worth about $27,000. Financial Management Professionals Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at about $30,000. Olistico Wealth LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at about $35,000. William Mack & Associates Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter valued at about $37,000. Finally, Dynamic Wealth Strategies LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at about $51,000.

JPMorgan Equity Premium Income ETF Stock Up 1.7%

Shares of JEPI opened at $58.29 on Thursday. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week high of $59.90. The company has a market capitalization of $46.76 billion, a price-to-earnings ratio of 23.93 and a beta of 0.52. The stock’s 50-day moving average price is $56.92 and its 200-day moving average price is $57.17.

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.