Indie Asset Partners LLC Has $825,000 Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Indie Asset Partners LLC cut its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.7% in the third quarter, HoldingsChannel.com reports. The fund owned 13,858 shares of the company’s stock after selling 1,490 shares during the period. JPMorgan Equity Premium Income ETF makes up 0.6% of Indie Asset Partners LLC’s investment portfolio, making the stock its 26th largest position. Indie Asset Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $825,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Salomon & Ludwin LLC acquired a new position in JPMorgan Equity Premium Income ETF in the third quarter valued at about $25,000. HHM Wealth Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at approximately $28,000. Larson Financial Group LLC increased its stake in 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 worth $32,000 after purchasing an additional 314 shares in the last quarter. Beaird Harris Wealth Management LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 1st quarter worth approximately $38,000. Finally, Whittier Trust Co. of Nevada Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 105.2% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 716 shares of the company’s stock valued at $41,000 after buying an additional 367 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.3 %

JPMorgan Equity Premium Income ETF stock opened at $58.47 on Friday. The company has a 50 day moving average of $58.98 and a 200-day moving average of $57.43. JPMorgan Equity Premium Income ETF has a twelve month low of $52.93 and a twelve month high of $59.97. The stock has a market capitalization of $34.31 billion, a PE ratio of 24.40 and a beta of 0.53.

JPMorgan Equity Premium Income ETF 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.