Resolute Wealth Strategies LLC reduced its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 9.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,387 shares of the company’s stock after selling 1,895 shares during the period. Resolute Wealth Strategies LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,000,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in the company. Bank of Jackson Hole Trust acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth $28,000. Duncker Streett & Co. Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $28,000. Ulland Investment Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $31,000. Creative Capital Management Investments LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $32,000. Finally, Running Point Capital Advisors LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 131.2% in the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after purchasing an additional 362 shares during the period.
JPMorgan Equity Premium Income ETF Stock Down 1.2 %
Shares of NYSEARCA JEPI opened at $58.69 on Tuesday. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88. The firm has a 50-day moving average price of $58.65 and a 200 day moving average price of $58.97. The stock has a market capitalization of $39.23 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61.
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.
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