Legacy Bridge LLC reduced its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Get Rating) by 1.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,310 shares of the company’s stock after selling 600 shares during the period. JPMorgan Equity Premium Income ETF makes up about 1.2% of Legacy Bridge LLC’s investment portfolio, making the stock its 12th largest position. Legacy Bridge LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,706,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. Pin Oak Investment Advisors Inc. acquired a new position in JPMorgan Equity Premium Income ETF during the third quarter worth about $30,000. Heritage Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter valued at $62,000. SRS Capital Advisors Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter valued at $72,000. Money Concepts Capital Corp boosted its position in shares of JPMorgan Equity Premium Income ETF by 173.3% in the 3rd quarter. Money Concepts Capital Corp now owns 1,476 shares of the company’s stock valued at $76,000 after purchasing an additional 936 shares during the period. Finally, CoreFirst Bank & Trust acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter valued at $77,000.
JPMorgan Equity Premium Income ETF Stock Down 1.1 %
NYSEARCA:JEPI opened at $52.53 on Friday. JPMorgan Equity Premium Income ETF has a 1-year low of $49.92 and a 1-year high of $62.60. The firm has a market capitalization of $18.82 billion, a price-to-earnings ratio of 21.55 and a beta of 0.64. The stock has a fifty day simple moving average of $54.42 and a 200 day simple moving average of $54.33.
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.
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