JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) is Cobblestone Asset Management LLC’s 8th Largest Position

Cobblestone Asset Management LLC cut its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 23.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 116,226 shares of the company’s stock after selling 35,435 shares during the quarter. JPMorgan Equity Premium Income ETF comprises approximately 4.4% of Cobblestone Asset Management LLC’s investment portfolio, making the stock its 8th biggest holding. Cobblestone Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,686,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Salomon & Ludwin LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at about $25,000. Ulland Investment Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $31,000. Running Point Capital Advisors LLC increased its holdings in JPMorgan Equity Premium Income ETF by 131.2% in the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after buying an additional 362 shares during the period. Missouri Trust & Investment Co lifted its stake in JPMorgan Equity Premium Income ETF by 737.2% during the 4th quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock valued at $41,000 after acquiring an additional 634 shares during the period. Finally, Brown Lisle Cummings Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 48.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after acquiring an additional 255 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $59.10 on Monday. The firm has a market capitalization of $34.68 billion, a P/E ratio of 24.40 and a beta of 0.53. The company’s fifty day moving average price is $58.93 and its 200-day moving average price is $58.53. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88.

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.