JPMorgan Equity Premium Income ETF $JEPI Shares Sold by Stephens Inc. AR

Stephens Inc. AR reduced its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 619,861 shares of the company’s stock after selling 24,207 shares during the quarter. Stephens Inc. AR’s holdings in JPMorgan Equity Premium Income ETF were worth $35,481,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. FNY Investment Advisers LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $28,000. EQ Wealth Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth about $29,000. BTG Pactual Asset Management US LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter worth about $31,000. Logan Capital Management Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter worth about $33,000. Finally, VSM Wealth Advisory LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 84.1% during the third quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock worth $34,000 after buying an additional 269 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $55.89 on Friday. JPMorgan Equity Premium Income ETF has a one year low of $55.15 and a one year high of $59.90. The company has a market cap of $44.28 billion, a PE ratio of 23.93 and a beta of 0.56. The business has a 50-day simple moving average of $57.00 and a 200-day simple moving average of $57.58.

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.