Koshinski Asset Management Inc. trimmed its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 6.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 154,294 shares of the company’s stock after selling 11,251 shares during the period. Koshinski Asset Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $8,832,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at approximately $402,000. AQR Capital Management LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 28.1% in the 1st quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock valued at $4,845,000 after purchasing an additional 18,619 shares during the period. Goldman Sachs Group Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at approximately $847,000. Schnieders Capital Management LLC. purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at approximately $3,093,000. Finally, First Trust Advisors LP purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at approximately $529,000.
JPMorgan Equity Premium Income ETF Stock Down 0.4%
JEPI opened at $56.28 on Friday. JPMorgan Equity Premium Income ETF has a 52 week low of $55.15 and a 52 week high of $59.90. The stock has a market cap of $44.59 billion, a PE ratio of 23.93 and a beta of 0.56. The business has a 50 day moving average of $57.41 and a 200-day moving average of $57.64.
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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.
Further Reading
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