JPMorgan Equity Premium Income ETF $JEPI Shares Sold by CVA Family Office LLC

CVA Family Office LLC lowered its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 11.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 177,644 shares of the company’s stock after selling 22,565 shares during the quarter. JPMorgan Equity Premium Income ETF makes up approximately 1.3% of CVA Family Office LLC’s portfolio, making the stock its 18th biggest position. CVA Family Office LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,143,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of JEPI. Clarity Asset Management Inc. purchased a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at $25,000. GHP Investment Advisors Inc. purchased a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter worth $25,000. Bartlett & CO. Wealth Management LLC purchased a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter worth $25,000. Asset Dedication LLC acquired a new position in JPMorgan Equity Premium Income ETF in the second quarter valued at $28,000. Finally, Pin Oak Investment Advisors Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 73.6% in the second quarter. Pin Oak Investment Advisors Inc. now owns 500 shares of the company’s stock valued at $28,000 after buying an additional 212 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $58.19 on Thursday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $59.73. The firm has a 50-day simple moving average of $57.53 and a 200-day simple moving average of $57.07. The company has a market capitalization of $42.54 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60.

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.