3EDGE Asset Management LP Sells 708 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

3EDGE Asset Management LP reduced its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,128 shares of the company’s stock after selling 708 shares during the quarter. 3EDGE Asset Management LP’s holdings in JPMorgan Equity Premium Income ETF were worth $1,561,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the stock. Clarity Wealth Advisors LLC boosted its stake in JPMorgan Equity Premium Income ETF by 0.7% in the 4th quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock worth $3,204,000 after purchasing an additional 401 shares in the last quarter. Tandem Financial LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $757,000. Citigroup Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 51.8% in the third quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock worth $8,797,000 after buying an additional 50,459 shares in the last quarter. Accurate Wealth Management LLC bought a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at approximately $215,000. Finally, Whittier Trust Co. bought a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter valued at approximately $108,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $59.35 on Wednesday. The company has a market cap of $34.83 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88. The stock’s fifty day moving average price is $58.57 and its 200-day moving average price is $58.79.

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.