JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Position Trimmed by HM Payson & Co.

HM Payson & Co. reduced its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 31.7% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 1,589 shares of the company’s stock after selling 736 shares during the quarter. HM Payson & Co.’s holdings in JPMorgan Equity Premium Income ETF were worth $95,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Goldstone Financial Group LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $3,812,000. Solidarity Wealth LLC lifted its stake in JPMorgan Equity Premium Income ETF by 26.8% in the third quarter. Solidarity Wealth LLC now owns 4,596 shares of the company’s stock valued at $274,000 after buying an additional 972 shares during the last quarter. Cornerstone Wealth Group LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 1.7% during the third quarter. Cornerstone Wealth Group LLC now owns 75,109 shares of the company’s stock valued at $4,470,000 after acquiring an additional 1,235 shares during the period. Bellevue Asset Management LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 0.7% during the third quarter. Bellevue Asset Management LLC now owns 52,761 shares of the company’s stock worth $3,140,000 after acquiring an additional 342 shares during the last quarter. Finally, JFS Wealth Advisors LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 48.5% in the 3rd quarter. JFS Wealth Advisors LLC now owns 6,190 shares of the company’s stock worth $368,000 after acquiring an additional 2,023 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.4 %

JPMorgan Equity Premium Income ETF stock opened at $58.48 on Friday. JPMorgan Equity Premium Income ETF has a 52-week low of $52.93 and a 52-week high of $59.97. The firm has a market capitalization of $34.32 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The firm has a 50-day moving average price of $58.98 and a two-hundred day moving average price of $57.43.

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.