Thoroughbred Financial Services LLC Lowers Holdings in JPMorgan Equity Premium Income ETF $JEPI

Thoroughbred Financial Services LLC trimmed its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 299,297 shares of the company’s stock after selling 17,995 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 1.0% of Thoroughbred Financial Services LLC’s holdings, making the stock its 23rd largest holding. Thoroughbred Financial Services LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $17,131,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Wealth Effects LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 0.6% in the 4th quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock worth $1,809,000 after buying an additional 173 shares during the period. WESPAC Advisors SoCal LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 4.3% in the 4th quarter. WESPAC Advisors SoCal LLC now owns 4,178 shares of the company’s stock worth $239,000 after buying an additional 174 shares during the period. Aspen Wealth Strategies LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 4.5% in the 4th quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock worth $231,000 after buying an additional 174 shares during the period. Morey & Quinn Wealth Partners LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 4.9% in the 4th quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock worth $213,000 after buying an additional 175 shares during the period. Finally, Hurley Capital LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 2.0% in the 3rd quarter. Hurley Capital LLC now owns 9,098 shares of the company’s stock worth $519,000 after acquiring an additional 177 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.1%

JEPI opened at $56.28 on Thursday. The firm has a market cap of $44.59 billion, a price-to-earnings ratio of 23.93 and a beta of 0.56. JPMorgan Equity Premium Income ETF has a 12 month low of $55.15 and a 12 month high of $59.90. The stock has a fifty day moving average price of $56.73 and a 200-day moving average price of $57.56.

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.