JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Requisite Capital Management LLC

Requisite Capital Management LLC reduced its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.1% in the 1st quarter, Holdings Channel reports. The firm owned 1,752,999 shares of the company’s stock after selling 174,680 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 22.0% of Requisite Capital Management LLC’s holdings, making the stock its largest position. Requisite Capital Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $101,429,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Wealth Management Partners LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 2.0% during the fourth quarter. Wealth Management Partners LLC now owns 9,820 shares of the company’s stock worth $540,000 after buying an additional 195 shares during the last quarter. Paragon Private Wealth Management LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 2.3% during the fourth quarter. Paragon Private Wealth Management LLC now owns 8,628 shares of the company’s stock worth $474,000 after buying an additional 196 shares during the last quarter. Perritt Capital Management Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 44.4% during the third quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock worth $35,000 after buying an additional 200 shares during the last quarter. Raleigh Capital Management Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 21.6% during the fourth quarter. Raleigh Capital Management Inc. now owns 1,126 shares of the company’s stock worth $62,000 after buying an additional 200 shares during the last quarter. Finally, Salem Investment Counselors Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 17.5% during the first quarter. Salem Investment Counselors Inc. now owns 1,342 shares of the company’s stock worth $78,000 after buying an additional 200 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.2 %

Shares of NYSEARCA JEPI traded up $0.09 during midday trading on Tuesday, reaching $56.20. 2,773,465 shares of the company were exchanged, compared to its average volume of 3,286,080. JPMorgan Equity Premium Income ETF has a one year low of $51.38 and a one year high of $57.94. The stock has a market cap of $32.98 billion, a P/E ratio of 24.40 and a beta of 0.53. The stock’s 50-day moving average price is $56.59 and its 200-day moving average price is $56.34.

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.