SkyOak Wealth LLC Lowers Position in JPMorgan Equity Premium Income ETF $JEPI

SkyOak Wealth LLC lessened its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 14.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 56,263 shares of the company’s stock after selling 9,480 shares during the period. SkyOak Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,220,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Thrivent Financial for Lutherans boosted its position in JPMorgan Equity Premium Income ETF by 18.6% in the 4th quarter. Thrivent Financial for Lutherans now owns 195,162 shares of the company’s stock worth $11,288,000 after purchasing an additional 30,621 shares in the last quarter. Triton Wealth Management PLLC boosted its position in JPMorgan Equity Premium Income ETF by 90.6% in the 4th quarter. Triton Wealth Management PLLC now owns 30,678 shares of the company’s stock worth $1,785,000 after purchasing an additional 14,579 shares in the last quarter. New York Life Investment Management LLC boosted its position in JPMorgan Equity Premium Income ETF by 191.9% in the 4th quarter. New York Life Investment Management LLC now owns 727,039 shares of the company’s stock worth $41,616,000 after purchasing an additional 477,935 shares in the last quarter. Allworth Financial LP boosted its position in JPMorgan Equity Premium Income ETF by 5.0% in the 4th quarter. Allworth Financial LP now owns 1,226,749 shares of the company’s stock worth $70,219,000 after purchasing an additional 58,105 shares in the last quarter. Finally, Navalign LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $131,000.

JPMorgan Equity Premium Income ETF Trading Up 0.1%

JPMorgan Equity Premium Income ETF stock opened at $55.99 on Friday. JPMorgan Equity Premium Income ETF has a 12 month low of $55.15 and a 12 month high of $59.90. The stock’s 50 day simple moving average is $57.06 and its two-hundred day simple moving average is $57.59. The firm has a market cap of $44.36 billion, a PE ratio of 23.93 and a beta of 0.56.

JPMorgan Equity Premium Income ETF 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.