JPMorgan Equity Premium Income ETF $JEPI Position Reduced by Mainstream Capital Management LLC

Mainstream Capital Management LLC trimmed its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 34.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,850 shares of the company’s stock after selling 9,799 shares during the period. Mainstream Capital Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,068,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Rice Partnership LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 124.5% in the fourth quarter. Rice Partnership LLC now owns 449 shares of the company’s stock valued at $26,000 after buying an additional 249 shares during the period. Providence Capital Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth about $26,000. FNY Investment Advisers LLC acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth about $28,000. EQ Wealth Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter worth about $29,000. Finally, Monetary Solutions Ltd bought a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter worth about $30,000.

JPMorgan Equity Premium Income ETF Trading Down 0.4%

Shares of NYSEARCA JEPI opened at $55.83 on Wednesday. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90. The firm has a 50-day moving average of $56.41 and a two-hundred day moving average of $57.41. The company has a market capitalization of $44.24 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54.

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.