AlphaMark Advisors LLC Has $117,000 Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

AlphaMark Advisors LLC lessened its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 71.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,966 shares of the company’s stock after selling 4,850 shares during the quarter. AlphaMark Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $117,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in JEPI. HHM Wealth Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter worth $28,000. Larson Financial Group LLC increased its holdings in JPMorgan Equity Premium Income ETF by 129.8% in the first quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after purchasing an additional 314 shares during the last quarter. Morris Financial Concepts Inc. lifted its stake in 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 valued at $36,000 after buying an additional 331 shares during the period. Beaird Harris Wealth Management LLC bought a new position in JPMorgan Equity Premium Income ETF during the first quarter worth about $38,000. Finally, Whittier Trust Co. of Nevada Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 105.2% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 716 shares of the company’s stock worth $41,000 after buying an additional 367 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $59.93 on Friday. The firm’s 50 day simple moving average is $58.63 and its 200 day simple moving average is $57.26. JPMorgan Equity Premium Income ETF has a fifty-two week low of $51.38 and a fifty-two week high of $59.97. The company has a market capitalization of $35.17 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.