JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Beaumont Financial Advisors LLC

Beaumont Financial Advisors LLC lessened its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 51,890 shares of the company’s stock after selling 803 shares during the period. Beaumont Financial Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,985,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter worth about $25,000. Ulland Investment Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter valued at $31,000. Running Point Capital Advisors LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 131.2% in the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after buying an additional 362 shares in the last quarter. Brown Lisle Cummings Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 48.0% in the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after acquiring an additional 255 shares during the last quarter. Finally, Pathway Financial Advisers LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth $49,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $58.95 on Wednesday. The stock has a market capitalization of $34.59 billion, a P/E ratio of 24.40 and a beta of 0.53. The business has a 50-day moving average of $58.96 and a two-hundred day moving average of $58.47. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88.

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.