KMG Fiduciary Partners LLC Sells 677 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

KMG Fiduciary Partners LLC trimmed its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 105,527 shares of the company’s stock after selling 677 shares during the period. KMG Fiduciary Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,071,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Salomon & Ludwin LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter worth $25,000. Running Point Capital Advisors LLC increased its position in JPMorgan Equity Premium Income ETF by 131.2% during 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. increased its position in JPMorgan Equity Premium Income ETF by 48.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after buying an additional 255 shares in the last quarter. Pathway Financial Advisers LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at about $49,000. Finally, Abound Wealth Management increased its position in JPMorgan Equity Premium Income ETF by 1,320.8% during the 4th quarter. Abound Wealth Management now owns 1,094 shares of the company’s stock valued at $63,000 after buying an additional 1,017 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $58.25 on Friday. The stock’s 50-day simple moving average is $59.05 and its 200-day simple moving average is $58.39. The firm has a market capitalization of $34.18 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.72 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.