Trust Co. of Vermont Sells 300 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Trust Co. of Vermont trimmed its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 13.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,900 shares of the company’s stock after selling 300 shares during the quarter. Trust Co. of Vermont’s holdings in JPMorgan Equity Premium Income ETF were worth $109,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in JEPI. Edgestream Partners L.P. bought a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $375,000. Benjamin F. Edwards & Company Inc. raised its stake in JPMorgan Equity Premium Income ETF by 14.6% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 41,666 shares of the company’s stock worth $2,362,000 after buying an additional 5,300 shares during the period. Summit Trail Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF during the second quarter worth about $418,000. Bridgewealth Advisory Group LLC grew its stake in JPMorgan Equity Premium Income ETF by 12.5% in the second quarter. Bridgewealth Advisory Group LLC now owns 129,630 shares of the company’s stock valued at $7,347,000 after acquiring an additional 14,384 shares during the period. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 8.6% in the second quarter. EverSource Wealth Advisors LLC now owns 106,199 shares of the company’s stock worth $6,104,000 after acquiring an additional 8,409 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $58.50 on Monday. The company has a market capitalization of $34.33 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88. The company’s 50 day moving average price is $59.02 and its two-hundred day moving average price is $58.44.

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.