Moors & Cabot Inc. Reduces Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Moors & Cabot Inc. reduced its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 107,510 shares of the company’s stock after selling 756 shares during the period. Moors & Cabot Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $6,094,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. HHM Wealth Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter valued at approximately $28,000. Larson Financial Group LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 129.8% during the 1st quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after buying an additional 314 shares during the last quarter. Burkett Financial Services LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter worth approximately $35,000. Morris Financial Concepts Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF by 114.1% in the first quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock worth $36,000 after buying an additional 331 shares during the last quarter. Finally, Beaird Harris Wealth Management LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the first quarter valued at $38,000.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $59.04 on Tuesday. The company has a market capitalization of $34.65 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12 month low of $51.38 and a 12 month high of $59.10. The company’s fifty day moving average price is $57.34 and its two-hundred day moving average price is $56.93.

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.