JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Position Lessened by Quadrant Capital Group LLC

Quadrant Capital Group LLC lowered its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 33.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,500 shares of the company’s stock after selling 762 shares during the quarter. Quadrant Capital Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $86,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. National Bank of Canada FI lifted its stake in shares of JPMorgan Equity Premium Income ETF by 60.9% in the 3rd quarter. National Bank of Canada FI now owns 1,319 shares of the company’s stock valued at $78,000 after purchasing an additional 499 shares during the last quarter. Coldstream Capital Management Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 10.5% during the third quarter. Coldstream Capital Management Inc. now owns 20,267 shares of the company’s stock valued at $1,208,000 after buying an additional 1,924 shares in the last quarter. Soltis Investment Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter worth about $254,000. Morse Asset Management Inc boosted its stake in shares of JPMorgan Equity Premium Income ETF by 16.4% during the 3rd quarter. Morse Asset Management Inc now owns 13,323 shares of the company’s stock worth $793,000 after acquiring an additional 1,880 shares in the last quarter. Finally, Eaton Financial Holdings Company LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth about $51,202,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $53.46 on Friday. The stock’s 50 day simple moving average is $57.36 and its 200 day simple moving average is $58.50. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month high of $60.88. The company has a market capitalization of $36.90 billion, a price-to-earnings ratio of 24.88 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.