Stephens Inc. AR Trims Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Stephens Inc. AR lessened its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 608,099 shares of the company’s stock after selling 11,762 shares during the quarter. Stephens Inc. AR’s holdings in JPMorgan Equity Premium Income ETF were worth $34,467,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. LVZ Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 5.5% in the 1st quarter. LVZ Inc. now owns 10,451 shares of the company’s stock valued at $592,000 after purchasing an additional 541 shares in the last quarter. NBT Bank N A NY boosted its stake in shares of JPMorgan Equity Premium Income ETF by 90.0% during the 1st quarter. NBT Bank N A NY now owns 19,535 shares of the company’s stock valued at $1,107,000 after buying an additional 9,255 shares during the last quarter. Private Wealth Partners LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 12.1% during the first quarter. Private Wealth Partners LLC now owns 21,638 shares of the company’s stock worth $1,226,000 after buying an additional 2,333 shares in the last quarter. Koshinski Asset Management Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 11.5% during the first quarter. Koshinski Asset Management Inc. now owns 172,000 shares of the company’s stock worth $9,749,000 after buying an additional 17,706 shares in the last quarter. Finally, Hunter Associates Investment Management LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 24.5% in the first quarter. Hunter Associates Investment Management LLC now owns 157,419 shares of the company’s stock worth $8,914,000 after buying an additional 30,970 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $56.71 on Monday. JPMorgan Equity Premium Income ETF has a 12-month low of $55.10 and a 12-month high of $59.90. The stock has a market capitalization of $44.96 billion, a PE ratio of 23.93 and a beta of 0.54. The firm’s fifty day moving average price is $56.20 and its 200 day moving average price is $57.34.

About JPMorgan Equity Premium Income ETF

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.