Horizon Advisory Services Inc. Has $26.82 Million Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Horizon Advisory Services Inc. trimmed its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 466,114 shares of the company’s stock after selling 10,749 shares during the period. JPMorgan Equity Premium Income ETF comprises 15.3% of Horizon Advisory Services Inc.’s portfolio, making the stock its 3rd largest position. Horizon Advisory Services Inc. owned 0.08% of JPMorgan Equity Premium Income ETF worth $26,816,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of JEPI. Pine Valley Investments Ltd Liability Co raised its stake in JPMorgan Equity Premium Income ETF by 80.1% in the fourth quarter. Pine Valley Investments Ltd Liability Co now owns 12,140 shares of the company’s stock worth $701,000 after buying an additional 5,401 shares in the last quarter. Rothschild Investment LLC raised its stake in JPMorgan Equity Premium Income ETF by 4.8% in the fourth quarter. Rothschild Investment LLC now owns 179,134 shares of the company’s stock worth $10,306,000 after buying an additional 8,184 shares in the last quarter. Cannon Wealth Management Services LLC raised its stake in JPMorgan Equity Premium Income ETF by 24.5% in the fourth quarter. Cannon Wealth Management Services LLC now owns 19,452 shares of the company’s stock worth $1,139,000 after buying an additional 3,825 shares in the last quarter. Capital Advisors Ltd. LLC raised its stake in JPMorgan Equity Premium Income ETF by 42.1% in the fourth quarter. Capital Advisors Ltd. LLC now owns 13,938 shares of the company’s stock worth $802,000 after buying an additional 4,127 shares in the last quarter. Finally, Midwest Capital Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF in the fourth quarter worth about $299,000.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $59.10 on Tuesday. 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 cap of $34.68 billion, a P/E ratio of 24.40 and a beta of 0.53. The firm has a 50-day moving average of $58.56 and a 200 day moving average of $58.90.

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.