Dunhill Financial LLC trimmed its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 43.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,863 shares of the company’s stock after selling 1,449 shares during the quarter. Dunhill Financial LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $106,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JEPI. Bank of Jackson Hole Trust acquired a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $28,000. Duncker Streett & Co. Inc. bought a new position in JPMorgan Equity Premium Income ETF during the 4th quarter worth $28,000. Creative Capital Management Investments LLC bought a new position in JPMorgan Equity Premium Income ETF during the 4th quarter worth $32,000. Crowley Wealth Management Inc. acquired a new position in JPMorgan Equity Premium Income ETF during the 4th quarter worth about $32,000. Finally, Global Wealth Strategies & Associates bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at about $36,000.
JPMorgan Equity Premium Income ETF Trading Down 0.7%
Shares of JEPI stock opened at $55.87 on Wednesday. JPMorgan Equity Premium Income ETF has a 1-year low of $49.94 and a 1-year high of $60.88. The stock has a market cap of $39.76 billion, a price-to-earnings ratio of 24.45 and a beta of 0.60. The stock has a 50-day moving average of $55.38 and a 200-day moving average of $57.13.
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.
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