Requisite Capital Management LLC Sells 108,944 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Requisite Capital Management LLC lessened its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,343,293 shares of the company’s stock after selling 108,944 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 15.9% of Requisite Capital Management LLC’s investment portfolio, making the stock its 2nd biggest position. Requisite Capital Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $77,812,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Salomon & Ludwin LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter worth about $25,000. Ulland Investment Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $31,000. Running Point Capital Advisors LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 131.2% during the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after acquiring an additional 362 shares during the period. Missouri Trust & Investment Co grew its holdings in shares of JPMorgan Equity Premium Income ETF by 737.2% in the fourth quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock valued at $41,000 after purchasing an additional 634 shares during the period. Finally, Brown Lisle Cummings Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 48.0% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after purchasing an additional 255 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $59.10 on Friday. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88. The company has a market capitalization of $34.68 billion, a P/E ratio of 24.40 and a beta of 0.53. The company has a 50 day simple moving average of $58.93 and a 200-day simple moving average of $58.52.

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.