Procyon Advisors LLC Trims Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Procyon Advisors LLC reduced its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 13.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 83,534 shares of the company’s stock after selling 13,033 shares during the quarter. Procyon Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,806,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. JPMorgan Chase & Co. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 18.8% in the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after purchasing an additional 3,536,406 shares during the period. Eaton Financial Holdings Company LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $51,202,000. World Investment Advisors LLC lifted its position in JPMorgan Equity Premium Income ETF by 748.5% during the third quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock valued at $47,971,000 after purchasing an additional 711,094 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter worth approximately $31,505,000. Finally, Marks Wealth LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter worth $29,284,000.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $58.25 on Friday. JPMorgan Equity Premium Income ETF has a 52-week low of $54.72 and a 52-week high of $60.88. The company has a market capitalization of $34.18 billion, a P/E ratio of 24.40 and a beta of 0.53. The company has a fifty day moving average of $59.05 and a 200-day moving average of $58.39.

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.