Signaturefd LLC Decreases Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Signaturefd LLC lowered its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 52.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,607 shares of the company’s stock after selling 9,593 shares during the period. Signaturefd LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $495,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. PNC Financial Services Group Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 8.3% during the third quarter. PNC Financial Services Group Inc. now owns 945,759 shares of the company’s stock worth $56,282,000 after purchasing an additional 72,546 shares during the last quarter. Commerce Bank raised its holdings in shares of JPMorgan Equity Premium Income ETF by 73.4% during the third quarter. Commerce Bank now owns 7,961 shares of the company’s stock worth $474,000 after purchasing an additional 3,371 shares during the last quarter. Hilton Capital Management LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter worth $286,000. First Horizon Advisors Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 257.5% during the third quarter. First Horizon Advisors Inc. now owns 1,841 shares of the company’s stock worth $110,000 after purchasing an additional 1,326 shares during the last quarter. Finally, Steele Capital Management Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 2.1% during the third quarter. Steele Capital Management Inc. now owns 331,562 shares of the company’s stock worth $19,731,000 after purchasing an additional 6,853 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $57.27 on Friday. The firm has a fifty day moving average price of $58.46 and a 200 day moving average price 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 stock has a market cap of $39.15 billion, a PE ratio of 24.79 and a beta of 0.61.

JPMorgan Equity Premium Income ETF Company 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.