JPMorgan Equity Premium Income ETF $JEPI Shares Sold by Signature Equity Partners LLC

Signature Equity Partners LLC lowered its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 75.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,904 shares of the company’s stock after selling 11,998 shares during the period. Signature Equity Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $221,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. NewEdge Wealth LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 11.5% in the 1st quarter. NewEdge Wealth LLC now owns 75,224 shares of the company’s stock worth $4,264,000 after acquiring an additional 7,782 shares during the period. Millennium Capital Advisors LLC raised its holdings in JPMorgan Equity Premium Income ETF by 1.3% during the first quarter. Millennium Capital Advisors LLC now owns 22,464 shares of the company’s stock worth $1,273,000 after purchasing an additional 283 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 16.9% during the first quarter. PNC Financial Services Group Inc. now owns 1,929,732 shares of the company’s stock worth $109,377,000 after purchasing an additional 278,868 shares during the last quarter. JSF Financial LLC boosted its position in JPMorgan Equity Premium Income ETF by 54.1% during the first quarter. JSF Financial LLC now owns 68,183 shares of the company’s stock worth $3,865,000 after purchasing an additional 23,923 shares in the last quarter. Finally, Balefire LLC boosted its position in JPMorgan Equity Premium Income ETF by 25.3% during the first quarter. Balefire LLC now owns 6,355 shares of the company’s stock worth $360,000 after purchasing an additional 1,284 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock opened at $56.42 on Friday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.10 and a fifty-two week high of $59.90. The firm has a market capitalization of $45.05 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. The stock’s fifty day moving average is $56.20 and its two-hundred day moving average is $57.25.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.