Verus Capital Partners LLC Sells 7,731 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Verus Capital Partners LLC cut its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 14.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 46,723 shares of the company’s stock after selling 7,731 shares during the quarter. Verus Capital Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,688,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Consolidated Planning Corp boosted its position in JPMorgan Equity Premium Income ETF by 0.5% during the 4th quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock worth $1,931,000 after acquiring an additional 179 shares during the last quarter. Landmark Wealth Management LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 5.1% in the fourth quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock worth $221,000 after purchasing an additional 185 shares in the last quarter. Aviance Capital Partners LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 1.1% during the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock worth $1,030,000 after purchasing an additional 194 shares during the last quarter. Fortis Advisors LLC grew its position in JPMorgan Equity Premium Income ETF by 2.0% in the fourth quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock valued at $578,000 after purchasing an additional 196 shares in the last quarter. Finally, Key Financial Inc increased its stake in JPMorgan Equity Premium Income ETF by 2.1% in the 3rd quarter. Key Financial Inc now owns 9,798 shares of the company’s stock valued at $583,000 after buying an additional 200 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $58.69 on Friday. The company’s 50-day moving average price is $58.62 and its two-hundred day moving average price is $58.92. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88. The stock has a market capitalization of $39.23 billion, a PE ratio of 25.75 and a beta of 0.61.

About JPMorgan Equity Premium Income ETF

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.