JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Lionsbridge Wealth Management LLC

Lionsbridge Wealth Management LLC trimmed its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 12.2% in the third quarter, according to its most recent filing with the SEC. The fund owned 62,144 shares of the company’s stock after selling 8,599 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 2.9% of Lionsbridge Wealth Management LLC’s investment portfolio, making the stock its 7th biggest position. Lionsbridge Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,698,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Raymond James & Associates raised its stake in shares of JPMorgan Equity Premium Income ETF by 22.2% during the second quarter. Raymond James & Associates now owns 2,421,638 shares of the company’s stock valued at $137,258,000 after acquiring an additional 439,155 shares during the last quarter. Marshall Financial Group LLC raised its position in JPMorgan Equity Premium Income ETF by 132.0% during the 2nd quarter. Marshall Financial Group LLC now owns 110,766 shares of the company’s stock worth $6,278,000 after purchasing an additional 63,018 shares during the last quarter. Sequoia Financial Advisors LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 39.5% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 15,980 shares of the company’s stock worth $906,000 after buying an additional 4,524 shares during the period. Heritage Wealth Management Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $978,000. Finally, Summit Wealth Partners LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 1.3% in the second quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock valued at $4,360,000 after buying an additional 957 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $60.01 on Friday. The business has a 50-day moving average of $59.06 and a 200-day moving average of $57.56. The company has a market capitalization of $35.22 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1 year low of $53.33 and a 1 year high of $60.10.

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.