Clearstead Trust LLC Cuts Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Clearstead Trust LLC decreased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 17.2% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 7,487 shares of the company’s stock after selling 1,555 shares during the period. Clearstead Trust LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $431,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Montis Financial LLC raised its holdings in JPMorgan Equity Premium Income ETF by 7.9% in the fourth quarter. Montis Financial LLC now owns 101,284 shares of the company’s stock valued at $5,827,000 after buying an additional 7,414 shares during the period. J. L. Bainbridge & Co. Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 24.9% in the fourth quarter. J. L. Bainbridge & Co. Inc. now owns 5,318 shares of the company’s stock valued at $306,000 after buying an additional 1,061 shares during the period. Kestra Advisory Services LLC raised its holdings in JPMorgan Equity Premium Income ETF by 21.5% in the fourth quarter. Kestra Advisory Services LLC now owns 1,321,467 shares of the company’s stock valued at $76,024,000 after buying an additional 233,502 shares during the period. Hilton Capital Management LLC raised its holdings in JPMorgan Equity Premium Income ETF by 10,733.3% in the fourth quarter. Hilton Capital Management LLC now owns 520,541 shares of the company’s stock valued at $29,947,000 after buying an additional 515,736 shares during the period. Finally, Integras Partners LLC purchased a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $1,887,000.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $56.96 on Friday. The firm has a market capitalization of $38.08 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61. The company’s 50 day moving average price is $58.51 and its 200 day moving average price is $58.93. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88.

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.