Arcus Capital Partners LLC Reduces Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Arcus Capital Partners LLC reduced its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 88.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,939 shares of the company’s stock after selling 45,321 shares during the period. Arcus Capital Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $344,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. AQR Capital Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the second quarter worth about $295,000. Alpha Financial Partners LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 45.5% in the third quarter. Alpha Financial Partners LLC now owns 59,653 shares of the company’s stock worth $3,550,000 after buying an additional 18,662 shares during the period. Creative Planning lifted its holdings in JPMorgan Equity Premium Income ETF by 44.6% in the third quarter. Creative Planning now owns 139,002 shares of the company’s stock worth $8,272,000 after buying an additional 42,854 shares during the period. Curran Financial Partners LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 6.2% in the third quarter. Curran Financial Partners LLC now owns 224,408 shares of the company’s stock worth $13,355,000 after buying an additional 13,062 shares during the period. Finally, Hengehold Capital Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the third quarter worth about $203,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $59.28 on Friday. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88. The company has a 50-day simple moving average of $58.60 and a two-hundred day simple moving average of $58.72. The firm has a market capitalization of $34.79 billion, a PE ratio of 24.40 and a beta of 0.53.

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.