Interchange Capital Partners LLC Cuts Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Interchange Capital Partners LLC lessened its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 61,924 shares of the company’s stock after selling 1,649 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 1.3% of Interchange Capital Partners LLC’s holdings, making the stock its 17th biggest holding. Interchange Capital Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,563,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Bank of Jackson Hole Trust acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $28,000. Duncker Streett & Co. Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $28,000. Ulland Investment Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $31,000. Creative Capital Management Investments LLC purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $32,000. Finally, Crowley Wealth Management Inc. acquired a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $32,000.

JPMorgan Equity Premium Income ETF Trading Down 0.3 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $57.11 on Monday. The firm has a fifty day simple moving average of $58.46 and a 200-day simple moving average of $58.89. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88. The stock has a market capitalization of $39.04 billion, a price-to-earnings ratio of 24.79 and a beta of 0.61.

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.