CFO4Life Group LLC cut its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 7.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 143,531 shares of the company’s stock after selling 11,366 shares during the period. JPMorgan Equity Premium Income ETF comprises about 1.2% of CFO4Life Group LLC’s holdings, making the stock its 23rd largest position. CFO4Life Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $8,216,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in JEPI. Brighton Jones LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth about $402,000. AQR Capital Management LLC increased its stake in JPMorgan Equity Premium Income ETF by 28.1% during the first quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock worth $4,845,000 after acquiring an additional 18,619 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in JPMorgan Equity Premium Income ETF during the first quarter worth about $847,000. Schnieders Capital Management LLC. acquired a new stake in JPMorgan Equity Premium Income ETF during the second quarter worth about $3,093,000. Finally, First Trust Advisors LP acquired a new stake in JPMorgan Equity Premium Income ETF during the second quarter worth about $529,000.
JPMorgan Equity Premium Income ETF Price Performance
Shares of NYSEARCA:JEPI opened at $56.33 on Friday. The firm has a market capitalization of $44.63 billion, a PE ratio of 23.93 and a beta of 0.56. The business has a 50-day moving average of $56.79 and a two-hundred day moving average of $57.55. JPMorgan Equity Premium Income ETF has a 12 month low of $55.15 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.
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Want to see what other hedge funds are holding JEPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report).
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