Unique Wealth LLC Decreases Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Unique Wealth LLC trimmed its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 16.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 46,393 shares of the company’s stock after selling 9,036 shares during the period. Unique Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,669,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Perissos Private Wealth Management LLC increased its stake in JPMorgan Equity Premium Income ETF by 20.5% in the second quarter. Perissos Private Wealth Management LLC now owns 70,601 shares of the company’s stock valued at $4,002,000 after purchasing an additional 12,009 shares during the period. One Capital Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter worth about $605,000. Edgestream Partners L.P. purchased a new position in JPMorgan Equity Premium Income ETF during the second quarter worth about $375,000. Alpha Financial Partners LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 0.8% in the 2nd quarter. Alpha Financial Partners LLC now owns 40,991 shares of the company’s stock valued at $2,323,000 after purchasing an additional 311 shares in the last quarter. Finally, Yarger Wealth Strategies LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $205,000.

JPMorgan Equity Premium Income ETF Trading Up 0.4 %

JEPI stock opened at $57.27 on Tuesday. The firm has a 50 day moving average of $59.13 and a 200-day moving average of $58.39. The company has a market cap of $33.61 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 $54.72 and a 12-month high of $60.88.

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.