JPMorgan Equity Premium Income ETF $JEPI Shares Sold by Cary Street Partners Financial LLC

Cary Street Partners Financial LLC decreased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 12.2% in the fourth quarter, HoldingsChannel reports. The firm owned 928,454 shares of the company’s stock after selling 129,072 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 1.3% of Cary Street Partners Financial LLC’s portfolio, making the stock its 8th biggest position. Cary Street Partners Financial LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $53,145,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of JEPI. Brighton Jones LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $402,000. AQR Capital Management LLC increased its holdings in JPMorgan Equity Premium Income ETF by 28.1% in the 1st quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock worth $4,845,000 after buying an additional 18,619 shares during the period. Goldman Sachs Group Inc. acquired a new position in JPMorgan Equity Premium Income ETF in the 1st quarter worth approximately $847,000. Schnieders Capital Management LLC. acquired a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter worth approximately $3,093,000. Finally, First Trust Advisors LP acquired a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter worth approximately $529,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $56.33 on Tuesday. JPMorgan Equity Premium Income ETF has a twelve month low of $55.15 and a twelve month high of $59.90. The company’s 50 day moving average is $56.77 and its 200 day moving average is $57.56. The company has a market cap of $44.63 billion, a PE ratio of 23.93 and a beta of 0.56.

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.