JPMorgan Equity Premium Income ETF $JEPI Shares Sold by Tradewinds LLC.

Tradewinds LLC. trimmed its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 87.9% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 10,214 shares of the company’s stock after selling 74,143 shares during the period. Tradewinds LLC.’s holdings in JPMorgan Equity Premium Income ETF were worth $583,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in JEPI. Courier Capital LLC raised its stake in JPMorgan Equity Premium Income ETF by 1.6% during the 3rd quarter. Courier Capital LLC now owns 212,913 shares of the company’s stock valued at $12,157,000 after acquiring an additional 3,404 shares during the last quarter. Inspire Advisors LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 13.1% in the third quarter. Inspire Advisors LLC now owns 72,148 shares of the company’s stock valued at $4,120,000 after purchasing an additional 8,363 shares during the period. DeDora Capital Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 23.5% during the third quarter. DeDora Capital Inc. now owns 118,047 shares of the company’s stock worth $6,740,000 after purchasing an additional 22,482 shares during the last quarter. Rovin Capital UT ADV lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 0.9% during the third quarter. Rovin Capital UT ADV now owns 47,999 shares of the company’s stock worth $2,741,000 after purchasing an additional 436 shares during the period. Finally, Formidable Asset Management LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 17.5% during the third quarter. Formidable Asset Management LLC now owns 9,933 shares of the company’s stock worth $565,000 after purchasing an additional 1,478 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $58.41 on Monday. The stock has a market capitalization of $42.68 billion, a P/E ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $59.73. The company’s fifty day moving average is $57.47 and its two-hundred day moving average is $57.05.

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.