Tranquility Partners LLC Trims Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Tranquility Partners LLC lowered its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,619 shares of the company’s stock after selling 1,294 shares during the quarter. Tranquility Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $797,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Salomon & Ludwin LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at $25,000. Ulland Investment Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $31,000. Running Point Capital Advisors LLC grew its stake in JPMorgan Equity Premium Income ETF by 131.2% during the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after acquiring an additional 362 shares in the last quarter. Missouri Trust & Investment Co lifted its stake in JPMorgan Equity Premium Income ETF by 737.2% in the 4th quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock worth $41,000 after purchasing an additional 634 shares in the last quarter. Finally, Brown Lisle Cummings Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 48.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after purchasing an additional 255 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.3 %

Shares of JEPI stock opened at $59.04 on Thursday. The stock has a market capitalization of $34.65 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month high of $60.88. The stock’s 50-day moving average price is $58.61 and its 200-day moving average price is $58.71.

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.