JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stock Position Lessened by Requisite Capital Management LLC

Requisite Capital Management LLC lowered its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 13.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,452,237 shares of the company’s stock after selling 218,331 shares during the period. JPMorgan Equity Premium Income ETF makes up about 18.1% of Requisite Capital Management LLC’s portfolio, making the stock its largest position. Requisite Capital Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $86,423,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. HHM Wealth Advisors LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth approximately $28,000. Larson Financial Group LLC boosted its stake in JPMorgan Equity Premium Income ETF by 129.8% in the 1st quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock worth $32,000 after purchasing an additional 314 shares in the last quarter. Burkett Financial Services LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 1st quarter worth approximately $35,000. Morris Financial Concepts Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 114.1% in the 1st quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock worth $36,000 after purchasing an additional 331 shares in the last quarter. Finally, Beaird Harris Wealth Management LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 1st quarter worth approximately $38,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock traded up $0.31 during trading on Friday, reaching $59.46. The company had a trading volume of 2,521,631 shares, compared to its average volume of 3,164,685. The firm has a 50-day simple moving average of $58.23 and a 200-day simple moving average of $57.19. The company has a market cap of $34.89 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a twelve month low of $51.38 and a twelve month high of $59.58.

JPMorgan Equity Premium Income ETF 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.