MAI Capital Management trimmed its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 23.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 136,542 shares of the company’s stock after selling 41,863 shares during the quarter. MAI Capital Management’s holdings in JPMorgan Equity Premium Income ETF were worth $8,126,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. US Bancorp DE raised its position in shares of JPMorgan Equity Premium Income ETF by 6.2% during the first quarter. US Bancorp DE now owns 13,457 shares of the company’s stock worth $779,000 after purchasing an additional 790 shares during the period. O Shaughnessy Asset Management LLC raised its holdings in JPMorgan Equity Premium Income ETF by 3,500.0% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,800 shares of the company’s stock worth $104,000 after buying an additional 1,750 shares during the period. Evermay Wealth Management LLC lifted its stake in JPMorgan Equity Premium Income ETF by 0.6% in the first quarter. Evermay Wealth Management LLC now owns 110,427 shares of the company’s stock valued at $6,389,000 after buying an additional 673 shares in the last quarter. Leelyn Smith LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 5.2% in the first quarter. Leelyn Smith LLC now owns 17,640 shares of the company’s stock valued at $1,021,000 after buying an additional 869 shares during the period. Finally, Crewe Advisors LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 22.7% during the first quarter. Crewe Advisors LLC now owns 22,932 shares of the company’s stock worth $1,327,000 after acquiring an additional 4,249 shares in the last quarter.
JPMorgan Equity Premium Income ETF Stock Up 0.3 %
Shares of NYSEARCA:JEPI opened at $59.43 on Tuesday. The firm has a market cap of $34.88 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 $54.20 and a 12 month high of $60.20. The company’s fifty day simple moving average is $59.26 and its 200 day simple moving average is $57.74.
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.
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