Sachetta LLC Sells 3,097 Shares of JPMorgan Equity Premium Income ETF $JEPI

Sachetta LLC decreased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 41,704 shares of the company’s stock after selling 3,097 shares during the period. JPMorgan Equity Premium Income ETF makes up about 0.9% of Sachetta LLC’s portfolio, making the stock its 20th largest position. Sachetta LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,371,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 387,324.3% in the second quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock worth $22,736,908,000 after purchasing an additional 401,771,477 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in JPMorgan Equity Premium Income ETF by 35.9% during the first quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock worth $1,609,887,000 after buying an additional 7,443,750 shares in the last quarter. Raymond James Financial Inc. raised its position in JPMorgan Equity Premium Income ETF by 14.9% in the 1st quarter. Raymond James Financial Inc. now owns 6,435,593 shares of the company’s stock valued at $367,730,000 after buying an additional 833,285 shares during the last quarter. Commonwealth Equity Services LLC raised its position in JPMorgan Equity Premium Income ETF by 18.9% in the 1st quarter. Commonwealth Equity Services LLC now owns 4,903,295 shares of the company’s stock valued at $280,174,000 after buying an additional 778,433 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 11.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 7,611,329 shares of the company’s stock valued at $434,911,000 after acquiring an additional 774,664 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $56.97 on Tuesday. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $60.88. The company has a market capitalization of $41.21 billion, a price-to-earnings ratio of 23.93 and a beta of 0.62. The firm’s fifty day moving average price is $56.76 and its two-hundred day moving average price is $56.13.

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.