JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stake Reduced by Concourse Financial Group Securities Inc.

Concourse Financial Group Securities Inc. cut its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,256 shares of the company’s stock after selling 1,222 shares during the period. Concourse Financial Group Securities Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $2,134,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Cadence Bank lifted its position in JPMorgan Equity Premium Income ETF by 47.0% in the 4th quarter. Cadence Bank now owns 143,417 shares of the company’s stock valued at $8,251,000 after purchasing an additional 45,837 shares during the last quarter. Zacks Investment Management bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $209,000. Garden State Investment Advisory Services LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 7.8% during the fourth quarter. Garden State Investment Advisory Services LLC now owns 109,690 shares of the company’s stock worth $6,336,000 after buying an additional 7,896 shares during the period. NewEdge Advisors LLC grew its holdings in JPMorgan Equity Premium Income ETF by 8.3% in the 4th quarter. NewEdge Advisors LLC now owns 251,457 shares of the company’s stock worth $14,466,000 after buying an additional 19,332 shares in the last quarter. Finally, Main Street Financial Solutions LLC raised its stake in JPMorgan Equity Premium Income ETF by 385.5% during the 4th quarter. Main Street Financial Solutions LLC now owns 36,977 shares of the company’s stock valued at $2,127,000 after acquiring an additional 29,360 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $53.76 on Friday. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $60.88. The business has a fifty day moving average of $56.77 and a 200-day moving average of $58.29. The stock has a market cap of $37.11 billion, a price-to-earnings ratio of 24.88 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.