IMS Capital Management Has $442,000 Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

IMS Capital Management decreased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 15.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,423 shares of the company’s stock after selling 1,364 shares during the period. IMS Capital Management’s holdings in JPMorgan Equity Premium Income ETF were worth $442,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Heritage Wealth Management Inc. acquired a new position in JPMorgan Equity Premium Income ETF during the second quarter worth about $978,000. Citigroup Inc. increased its position in JPMorgan Equity Premium Income ETF by 51.8% during the 3rd quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock worth $8,797,000 after purchasing an additional 50,459 shares in the last quarter. Summit Wealth Partners LLC lifted its stake in JPMorgan Equity Premium Income ETF by 1.3% in the 2nd quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock valued at $4,360,000 after purchasing an additional 957 shares during the last quarter. SNS Financial Group LLC boosted its position in JPMorgan Equity Premium Income ETF by 2.0% in the second quarter. SNS Financial Group LLC now owns 15,488 shares of the company’s stock valued at $878,000 after buying an additional 300 shares in the last quarter. Finally, Horizon Advisory Services Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 0.5% during the second quarter. Horizon Advisory Services Inc. now owns 472,229 shares of the company’s stock worth $26,766,000 after buying an additional 2,158 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $59.09 on Wednesday. JPMorgan Equity Premium Income ETF has a 52 week low of $54.62 and a 52 week high of $60.88. The stock has a market capitalization of $34.68 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The stock has a fifty day moving average of $59.66 and a 200-day moving average of $58.19.

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.