Thoroughbred Financial Services LLC Sells 17,995 Shares of JPMorgan Equity Premium Income ETF $JEPI

Thoroughbred Financial Services LLC trimmed its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 299,297 shares of the company’s stock after selling 17,995 shares during the period. JPMorgan Equity Premium Income ETF accounts for 1.0% of Thoroughbred Financial Services LLC’s portfolio, making the stock its 23rd largest position. Thoroughbred Financial Services LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $17,131,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Eaton Financial Holdings Company LLC increased its position in JPMorgan Equity Premium Income ETF by 2.1% during the 4th quarter. Eaton Financial Holdings Company LLC now owns 269,304 shares of the company’s stock valued at $15,415,000 after buying an additional 5,636 shares in the last quarter. Melia Wealth LLC increased its position in JPMorgan Equity Premium Income ETF by 1.6% during the 4th quarter. Melia Wealth LLC now owns 390,963 shares of the company’s stock valued at $22,379,000 after buying an additional 6,111 shares in the last quarter. TrustBank acquired a new position in JPMorgan Equity Premium Income ETF during the 4th quarter valued at about $3,988,000. Flputnam Investment Management Co. increased its position in JPMorgan Equity Premium Income ETF by 3.9% during the 4th quarter. Flputnam Investment Management Co. now owns 19,450 shares of the company’s stock valued at $1,113,000 after buying an additional 722 shares in the last quarter. Finally, Studio Investment Management LLC increased its position in JPMorgan Equity Premium Income ETF by 7.7% during the 4th quarter. Studio Investment Management LLC now owns 18,382 shares of the company’s stock valued at $1,060,000 after buying an additional 1,308 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $56.28 on Thursday. The business’s 50-day moving average is $56.73 and its 200 day moving average is $57.56. JPMorgan Equity Premium Income ETF has a 1 year low of $55.15 and a 1 year high of $59.90. The firm has a market capitalization of $44.59 billion, a P/E 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.