Cutter & CO Brokerage Inc. Has $318,000 Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Cutter & CO Brokerage Inc. trimmed its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 37.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,569 shares of the company’s stock after selling 3,329 shares during the period. Cutter & CO Brokerage Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $318,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. BOS Asset Management LLC increased its holdings in JPMorgan Equity Premium Income ETF by 3.5% during the 4th quarter. BOS Asset Management LLC now owns 4,982 shares of the company’s stock valued at $287,000 after purchasing an additional 170 shares in the last quarter. Ritholtz Wealth Management increased its holdings in JPMorgan Equity Premium Income ETF by 2.5% during the 1st quarter. Ritholtz Wealth Management now owns 7,827 shares of the company’s stock valued at $447,000 after purchasing an additional 192 shares in the last quarter. RoundAngle Advisors LLC increased its holdings in JPMorgan Equity Premium Income ETF by 0.9% during the 1st quarter. RoundAngle Advisors LLC now owns 22,528 shares of the company’s stock valued at $1,287,000 after purchasing an additional 196 shares in the last quarter. Texas Yale Capital Corp. increased its stake in shares of JPMorgan Equity Premium Income ETF by 4.6% in the 4th quarter. Texas Yale Capital Corp. now owns 4,550 shares of the company’s stock valued at $262,000 after buying an additional 200 shares during the period. Finally, LVZ Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF by 2.8% in the 1st quarter. LVZ Inc. now owns 7,707 shares of the company’s stock valued at $440,000 after buying an additional 211 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $56.76 on Monday. The stock has a fifty day moving average of $56.14 and a 200-day moving average of $56.78. The stock has a market capitalization of $40.98 billion, a P/E ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a 52 week low of $49.94 and a 52 week high of $60.88.

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.