CENTRAL TRUST Co lowered its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 8.3% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 167,683 shares of the company’s stock after selling 15,263 shares during the quarter. CENTRAL TRUST Co’s holdings in JPMorgan Equity Premium Income ETF were worth $9,504,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Rice Partnership LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 124.5% during the fourth quarter. Rice Partnership LLC now owns 449 shares of the company’s stock valued at $26,000 after purchasing an additional 249 shares in the last quarter. Providence Capital Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth about $26,000. FNY Investment Advisers LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $28,000. EQ Wealth Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $29,000. Finally, Monetary Solutions Ltd purchased a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $30,000.
JPMorgan Equity Premium Income ETF Trading Down 0.4%
JEPI stock opened at $55.83 on Wednesday. JPMorgan Equity Premium Income ETF has a 12-month low of $55.10 and a 12-month high of $59.90. The stock has a market cap of $44.24 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. The business’s 50-day moving average is $56.41 and its 200 day moving average is $57.41.
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.
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