Interchange Capital Partners LLC Has $3.56 Million Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Interchange Capital Partners LLC trimmed its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.6% in the fourth quarter, HoldingsChannel reports. The firm owned 61,924 shares of the company’s stock after selling 1,649 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for about 1.3% of Interchange Capital Partners LLC’s holdings, making the stock its 17th largest holding. Interchange Capital Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,563,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of Jackson Hole Trust bought a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $28,000. Duncker Streett & Co. Inc. acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth about $28,000. Ulland Investment Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth about $31,000. Creative Capital Management Investments LLC acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth about $32,000. Finally, Crowley Wealth Management Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $32,000.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $57.11 on Monday. The business has a 50 day moving average of $58.46 and a 200-day moving average of $58.89. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88. The company has a market capitalization of $39.04 billion, a P/E ratio of 24.79 and a beta of 0.61.

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.