Edgestream Partners L.P. Sells 20,304 Shares of JPMorgan Equity Premium Income ETF $JEPI

Edgestream Partners L.P. lessened its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 84.6% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 3,686 shares of the company’s stock after selling 20,304 shares during the quarter. Edgestream Partners L.P.’s holdings in JPMorgan Equity Premium Income ETF were worth $209,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Equitable Holdings Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 3,477.6% during the fourth quarter. Equitable Holdings Inc. now owns 1,853,767 shares of the company’s stock worth $106,110,000 after acquiring an additional 1,801,951 shares during the period. Tableaux LLC increased its holdings in JPMorgan Equity Premium Income ETF by 1,462.3% during the 4th quarter. Tableaux LLC now owns 1,503,922 shares of the company’s stock worth $86,084,000 after purchasing an additional 1,407,660 shares during the period. Raymond James Financial Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 11.4% during the 4th quarter. Raymond James Financial Inc. now owns 8,099,270 shares of the company’s stock worth $463,602,000 after purchasing an additional 825,889 shares during the period. SHP Wealth Management bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at $42,882,000. Finally, RiverFront Investment Group LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 24.0% during the 4th quarter. RiverFront Investment Group LLC now owns 3,804,642 shares of the company’s stock worth $217,778,000 after buying an additional 737,043 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.1%

Shares of JPMorgan Equity Premium Income ETF stock opened at $57.59 on Friday. The stock’s fifty day moving average price is $56.42 and its 200-day moving average price is $57.19. The firm has a market cap of $45.93 billion, a P/E ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12 month low of $55.10 and a 12 month high of $59.90.

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.