Sage Advisory Services Ltd.Co. Sells 6,175 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Sage Advisory Services Ltd.Co. cut its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 62.0% during the 4th quarter, Holdings Channel reports. The firm owned 3,784 shares of the company’s stock after selling 6,175 shares during the period. Sage Advisory Services Ltd.Co.’s holdings in JPMorgan Equity Premium Income ETF were worth $218,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the business. Consolidated Planning Corp increased its holdings in shares of JPMorgan Equity Premium Income ETF by 0.5% during the fourth quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock worth $1,931,000 after purchasing an additional 179 shares during the period. Landmark Wealth Management LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 5.1% during the fourth quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock worth $221,000 after purchasing an additional 185 shares during the period. Aviance Capital Partners LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 1.1% during the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock worth $1,030,000 after purchasing an additional 194 shares during the period. Fortis Advisors LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 2.0% during the fourth quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock worth $578,000 after purchasing an additional 196 shares during the period. Finally, Key Financial Inc increased its holdings in shares of JPMorgan Equity Premium Income ETF by 2.1% during the third quarter. Key Financial Inc now owns 9,798 shares of the company’s stock worth $583,000 after purchasing an additional 200 shares during the period.

JPMorgan Equity Premium Income ETF Trading Down 0.7 %

Shares of JEPI opened at $58.69 on Friday. JPMorgan Equity Premium Income ETF has a 12 month low of $54.77 and a 12 month high of $60.88. The firm’s 50 day moving average is $58.62 and its 200-day moving average is $58.92. The stock has a market capitalization of $39.23 billion, a PE ratio of 25.75 and a beta of 0.61.

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.