Sigma Planning Corp Reduces Holdings in JPMorgan Equity Premium Income ETF $JEPI

Sigma Planning Corp lowered its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 20.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 151,743 shares of the company’s stock after selling 38,329 shares during the period. Sigma Planning Corp’s holdings in JPMorgan Equity Premium Income ETF were worth $8,688,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth $402,000. AQR Capital Management LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 28.1% in the first quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock worth $4,845,000 after buying an additional 18,619 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF in the first quarter worth $847,000. Schnieders Capital Management LLC. bought a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter worth $3,093,000. Finally, First Trust Advisors LP bought a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter worth $529,000.

JPMorgan Equity Premium Income ETF Trading Up 0.8%

Shares of NYSEARCA:JEPI opened at $57.59 on Friday. The company has a fifty day simple moving average of $57.58 and a 200 day simple moving average of $57.64. The firm has a market cap of $45.40 billion, a PE ratio of 23.93 and a beta of 0.58. JPMorgan Equity Premium Income ETF has a 12-month low of $55.01 and a 12-month high of $59.90.

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.