Cypress Capital Management LLC WY Decreases Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Cypress Capital Management LLC WY lessened its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,809 shares of the company’s stock after selling 2,477 shares during the quarter. JPMorgan Equity Premium Income ETF comprises about 1.8% of Cypress Capital Management LLC WY’s holdings, making the stock its 16th largest holding. Cypress Capital Management LLC WY’s holdings in JPMorgan Equity Premium Income ETF were worth $1,553,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Citigroup Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 51.8% in the 3rd quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock worth $8,797,000 after buying an additional 50,459 shares during the last quarter. Truist Financial Corp raised its stake in shares of JPMorgan Equity Premium Income ETF by 2.0% in the 2nd quarter. Truist Financial Corp now owns 821,676 shares of the company’s stock worth $46,573,000 after buying an additional 15,763 shares in the last quarter. Massmutual Trust Co. FSB ADV lifted its holdings in JPMorgan Equity Premium Income ETF by 52.5% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 12,068 shares of the company’s stock valued at $718,000 after acquiring an additional 4,155 shares during the last quarter. Monterey Private Wealth Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 16.9% during the third quarter. Monterey Private Wealth Inc. now owns 35,300 shares of the company’s stock valued at $2,101,000 after purchasing an additional 5,098 shares during the last quarter. Finally, Accurate Wealth Management LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at $215,000.

JPMorgan Equity Premium Income ETF Trading Up 0.3 %

NYSEARCA JEPI opened at $59.13 on Friday. The stock’s 50-day moving average price is $58.89 and its two-hundred day moving average price is $58.57. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88. The company has a market cap of $34.70 billion, a PE ratio of 24.40 and a beta of 0.53.

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.