JPMorgan Equity Premium Income ETF $JEPI Shares Sold by Cornerstone Wealth Group LLC

Cornerstone Wealth Group LLC decreased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 86.6% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 14,167 shares of the company’s stock after selling 91,782 shares during the period. Cornerstone Wealth Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $815,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Equitable Holdings Inc. raised its stake in 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 valued at $106,110,000 after buying an additional 1,801,951 shares in the last quarter. Tableaux LLC lifted 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 buying an additional 1,407,660 shares during the last quarter. Raymond James Financial Inc. lifted 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 buying an additional 825,889 shares during the last quarter. Tcfg Wealth Management LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 3,843.5% in the 3rd quarter. Tcfg Wealth Management LLC now owns 831,833 shares of the company’s stock worth $47,498,000 after acquiring an additional 810,739 shares in the last quarter. Finally, SHP Wealth Management acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $42,882,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA JEPI opened at $56.16 on Monday. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90. The company has a market capitalization of $44.50 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. The business has a 50 day simple moving average of $56.31 and a 200-day simple moving average of $57.38.

JPMorgan Equity Premium Income ETF Company 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.