Westover Capital Advisors LLC Sells 4,035 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Westover Capital Advisors LLC reduced its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 50.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 3,897 shares of the company’s stock after selling 4,035 shares during the period. Westover Capital Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $224,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in JEPI. Bank of Jackson Hole Trust bought a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth $28,000. Duncker Streett & Co. Inc. purchased a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth about $28,000. Ulland Investment Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth about $31,000. Creative Capital Management Investments LLC purchased a new position in JPMorgan Equity Premium Income ETF during the 4th quarter valued at about $32,000. Finally, Running Point Capital Advisors LLC grew its holdings 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.

JPMorgan Equity Premium Income ETF Trading Down 1.2 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $57.97 on Wednesday. The company’s 50-day moving average price is $58.63 and its 200-day moving average price is $58.98. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month high of $60.88. The company has a market cap of $38.75 billion, a price-to-earnings 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.