Kraematon Investment Advisors Inc. Sells 1,965 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Kraematon Investment Advisors Inc. decreased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,911 shares of the company’s stock after selling 1,965 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 1.9% of Kraematon Investment Advisors Inc.’s holdings, making the stock its 17th biggest position. Kraematon Investment Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,881,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of JEPI. Bank of Jackson Hole Trust bought a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth about $28,000. Duncker Streett & Co. Inc. bought a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth about $28,000. Creative Capital Management Investments LLC purchased a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth about $32,000. Crowley Wealth Management Inc. purchased a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth about $32,000. Finally, Global Wealth Strategies & Associates purchased a new position in JPMorgan Equity Premium Income ETF in the 1st quarter worth about $36,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $56.03 on Friday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $60.88. The business has a 50-day simple moving average of $54.99 and a two-hundred day simple moving average of $57.34. The firm has a market cap of $39.88 billion, a price-to-earnings ratio of 24.45 and a beta of 0.60.

JPMorgan Equity Premium Income ETF 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.