ZEGA Investments LLC Trims Stock Position in JPMorgan Equity Premium Income ETF $JEPI

ZEGA Investments LLC trimmed its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 51.3% during the 3rd quarter, Holdings Channel reports. The fund owned 46,458 shares of the company’s stock after selling 48,952 shares during the quarter. ZEGA Investments LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,653,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. Brighton Jones LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $402,000. AQR Capital Management LLC boosted its position in JPMorgan Equity Premium Income ETF by 28.1% during the first quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock worth $4,845,000 after purchasing an additional 18,619 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $847,000. Jones Financial Companies Lllp raised its stake in shares of JPMorgan Equity Premium Income ETF by 11,141,850.0% during the 1st quarter. Jones Financial Companies Lllp now owns 668,517 shares of the company’s stock worth $37,892,000 after buying an additional 668,511 shares during the period. Finally, First Hawaiian Bank increased its holdings in JPMorgan Equity Premium Income ETF by 49.1% in the 2nd quarter. First Hawaiian Bank now owns 131,929 shares of the company’s stock worth $7,500,000 after acquiring an additional 43,444 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.1%

Shares of JPMorgan Equity Premium Income ETF stock opened at $58.30 on Tuesday. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month high of $59.73. The firm’s 50-day moving average price is $57.31 and its 200 day moving average price is $57.00. The firm has a market capitalization of $42.34 billion, a PE ratio of 23.93 and a beta of 0.60.

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.