JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) is Financial Partners Group Inc’s 4th Largest Position

Financial Partners Group Inc trimmed its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 472,201 shares of the company’s stock after selling 31,577 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for approximately 4.2% of Financial Partners Group Inc’s investment portfolio, making the stock its 4th biggest holding. Financial Partners Group Inc owned 0.08% of JPMorgan Equity Premium Income ETF worth $28,101,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at about $25,000. HHM Wealth Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF during the second quarter valued at $28,000. Larson Financial Group LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 129.8% in the first quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after purchasing an additional 314 shares during the period. Beaird Harris Wealth Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter worth about $38,000. Finally, Whittier Trust Co. of Nevada Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 105.2% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 716 shares of the company’s stock worth $41,000 after purchasing an additional 367 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI traded up $0.21 during trading on Tuesday, reaching $58.64. The stock had a trading volume of 992,975 shares, compared to its average volume of 3,117,233. JPMorgan Equity Premium Income ETF has a 1-year low of $53.33 and a 1-year high of $59.97. The stock has a market cap of $34.41 billion, a PE ratio of 24.40 and a beta of 0.53. The business has a fifty day moving average price of $58.98 and a 200-day moving average price of $57.46.

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.