Ancora Advisors LLC Lowers Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Ancora Advisors LLC trimmed its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 40,081 shares of the company’s stock after selling 1,252 shares during the quarter. Ancora Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,306,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. BOS Asset Management LLC lifted its position in JPMorgan Equity Premium Income ETF by 3.5% during the fourth quarter. BOS Asset Management LLC now owns 4,982 shares of the company’s stock valued at $287,000 after acquiring an additional 170 shares during the last quarter. Consolidated Planning Corp lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 0.5% during the 4th quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock valued at $1,931,000 after purchasing an additional 179 shares during the last quarter. Landmark Wealth Management LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 5.1% in the 4th quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock worth $221,000 after purchasing an additional 185 shares in the last quarter. Fortis Advisors LLC increased its position in JPMorgan Equity Premium Income ETF by 2.0% during the 4th quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock valued at $578,000 after buying an additional 196 shares in the last quarter. Finally, Beam Wealth Advisors Inc. raised its stake in JPMorgan Equity Premium Income ETF by 0.4% in the fourth quarter. Beam Wealth Advisors Inc. now owns 51,249 shares of the company’s stock valued at $2,948,000 after buying an additional 196 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $55.66 on Monday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $60.88. The firm has a market capitalization of $38.53 billion, a price-to-earnings ratio of 23.72 and a beta of 0.61. The stock’s 50-day simple moving average is $55.86 and its 200-day simple moving average is $57.95.

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.