Kennedy Investment Group Sells 30,993 Shares of JPMorgan Equity Premium Income ETF $JEPI

Kennedy Investment Group trimmed its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 27.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 81,971 shares of the company’s stock after selling 30,993 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for approximately 1.8% of Kennedy Investment Group’s portfolio, making the stock its 11th largest position. Kennedy Investment Group’s holdings in JPMorgan Equity Premium Income ETF were worth $4,692,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JEPI. Crewe Advisors LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 32.9% during the 4th quarter. Crewe Advisors LLC now owns 38,406 shares of the company’s stock worth $2,198,000 after purchasing an additional 9,514 shares in the last quarter. Cascade Wealth Advisors Inc increased its position in shares of JPMorgan Equity Premium Income ETF by 5.9% during the 3rd quarter. Cascade Wealth Advisors Inc now owns 268,627 shares of the company’s stock worth $15,237,000 after purchasing an additional 14,899 shares in the last quarter. Clearstead Trust LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 307.8% during the 3rd quarter. Clearstead Trust LLC now owns 79,494 shares of the company’s stock worth $4,539,000 after purchasing an additional 59,999 shares in the last quarter. BG Investment Services Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 49.1% during the 3rd quarter. BG Investment Services Inc. now owns 68,887 shares of the company’s stock worth $3,933,000 after purchasing an additional 22,670 shares in the last quarter. Finally, Cyndeo Wealth Partners LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 90.4% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 26,937 shares of the company’s stock worth $1,542,000 after purchasing an additional 12,790 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.1%

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.08 on Wednesday. The stock has a market capitalization of $44.43 billion, a P/E ratio of 23.93 and a beta of 0.56. The company has a 50-day simple moving average of $56.91 and a 200 day simple moving average of $57.57. JPMorgan Equity Premium Income ETF has a 12-month low of $55.15 and a 12-month high of $59.90.

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.