Atria Investments Inc Lowers Position in JPMorgan Equity Premium Income ETF $JEPI

Atria Investments Inc cut its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 23.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 83,286 shares of the company’s stock after selling 26,112 shares during the quarter. Atria Investments Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $4,767,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. FNY Investment Advisers LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter worth about $28,000. EQ Wealth Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter worth about $29,000. BTG Pactual Asset Management US LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the second quarter worth about $31,000. Logan Capital Management Inc. purchased a new stake in JPMorgan Equity Premium Income ETF in the third quarter worth about $33,000. Finally, VSM Wealth Advisory LLC lifted its stake in JPMorgan Equity Premium Income ETF by 84.1% in the third quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock worth $34,000 after acquiring an additional 269 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $55.89 on Friday. JPMorgan Equity Premium Income ETF has a 1-year low of $55.15 and a 1-year high of $59.90. The company has a 50-day moving average of $57.00 and a 200 day moving average of $57.58. The firm has a market cap of $44.28 billion, a PE ratio of 23.93 and a beta of 0.56.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.