Mascoma Wealth Management LLC Has $707,000 Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Mascoma Wealth Management LLC reduced its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,287 shares of the company’s stock after selling 1,146 shares during the period. Mascoma Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $707,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. US Bancorp DE raised its stake in shares of JPMorgan Equity Premium Income ETF by 28.0% during the 4th quarter. US Bancorp DE now owns 28,673 shares of the company’s stock worth $1,650,000 after purchasing an additional 6,273 shares in the last quarter. Clarity Wealth Advisors LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 0.7% during the 4th quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock worth $3,204,000 after purchasing an additional 401 shares in the last quarter. Tandem Financial LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $757,000. Citigroup Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 51.8% during the 3rd quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock worth $8,797,000 after purchasing an additional 50,459 shares in the last quarter. Finally, Johnson Investment Counsel Inc. purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $1,522,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA JEPI opened at $56.69 on Thursday. The firm has a market cap of $37.90 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61. The business’s 50-day simple moving average is $58.55 and its 200-day simple moving average is $58.95. 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 Company 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.