Hazlett Burt & Watson Inc. Lowers Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Hazlett Burt & Watson Inc. cut its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 6,377 shares of the company’s stock after selling 730 shares during the quarter. Hazlett Burt & Watson Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $366,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Consolidated Planning Corp increased its position in JPMorgan Equity Premium Income ETF by 0.5% in the fourth quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock worth $1,931,000 after buying an additional 179 shares in the last quarter. Landmark Wealth Management LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 5.1% during the 4th quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock valued at $221,000 after acquiring an additional 185 shares during the period. Fortis Advisors LLC raised its stake in JPMorgan Equity Premium Income ETF by 2.0% during the 4th quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock worth $578,000 after acquiring an additional 196 shares during the period. Beam Wealth Advisors Inc. lifted its holdings in JPMorgan Equity Premium Income ETF by 0.4% during the fourth quarter. Beam Wealth Advisors Inc. now owns 51,249 shares of the company’s stock valued at $2,948,000 after purchasing an additional 196 shares in the last quarter. Finally, Lakeridge Wealth Management LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 2.7% in the fourth quarter. Lakeridge Wealth Management LLC now owns 7,850 shares of the company’s stock worth $452,000 after purchasing an additional 206 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 1.2 %

NYSEARCA:JEPI opened at $56.68 on Monday. The business’s 50-day simple moving average is $58.41 and its two-hundred day simple moving average is $58.87. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88. The stock has a market cap of $38.75 billion, a PE ratio of 24.79 and a beta of 0.61.

About JPMorgan Equity Premium Income ETF

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.