JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Nvest Financial LLC

Nvest Financial LLC cut its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 25.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,646 shares of the company’s stock after selling 1,214 shares during the period. Nvest Financial LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $210,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Mattern Wealth Management LLC grew its holdings in JPMorgan Equity Premium Income ETF by 2.2% in the third quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock valued at $480,000 after purchasing an additional 174 shares during the period. Empirical Asset Management LLC grew its stake in JPMorgan Equity Premium Income ETF by 4.0% in the 3rd quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock valued at $278,000 after acquiring an additional 179 shares during the period. Landmark Wealth Management LLC increased its holdings in JPMorgan Equity Premium Income ETF by 5.1% in the 4th quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock worth $221,000 after acquiring an additional 185 shares in the last quarter. Aviance Capital Partners LLC raised its position in JPMorgan Equity Premium Income ETF by 1.1% during the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock worth $1,030,000 after acquiring an additional 194 shares during the period. Finally, Fortis Advisors LLC raised its position in JPMorgan Equity Premium Income ETF by 2.0% during the fourth 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.

JPMorgan Equity Premium Income ETF Stock Down 0.5 %

Shares of NYSEARCA JEPI opened at $58.98 on Wednesday. The firm has a market cap of $34.61 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The company’s 50-day simple moving average is $58.91 and its 200-day simple moving average is $58.57. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88.

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.