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

Signature Equity Partners LLC lowered its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 75.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,904 shares of the company’s stock after selling 11,998 shares during the quarter. Signature Equity Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $221,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of JEPI. Rice Partnership LLC boosted its position in JPMorgan Equity Premium Income ETF by 124.5% during the 4th quarter. Rice Partnership LLC now owns 449 shares of the company’s stock worth $26,000 after purchasing an additional 249 shares during the period. Providence Capital Advisors LLC acquired a new position 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 fourth quarter worth about $28,000. Advocate Investing Services LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the first quarter worth about $28,000. Finally, EQ Wealth Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth about $29,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $56.42 on Friday. The firm has a market cap of $45.05 billion, a P/E ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90. The stock has a 50-day simple moving average of $56.20 and a 200-day simple moving average of $57.25.

About JPMorgan Equity Premium Income ETF

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.