JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stock Position Decreased by Balboa Wealth Partners

Balboa Wealth Partners trimmed its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.2% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 51,852 shares of the company’s stock after selling 630 shares during the period. JPMorgan Equity Premium Income ETF accounts for about 0.8% of Balboa Wealth Partners’ investment portfolio, making the stock its 21st largest position. Balboa Wealth Partners’ holdings in JPMorgan Equity Premium Income ETF were worth $3,086,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. US Bancorp DE boosted its stake in JPMorgan Equity Premium Income ETF by 6.2% in the 1st quarter. US Bancorp DE now owns 13,457 shares of the company’s stock valued at $779,000 after buying an additional 790 shares in the last quarter. Blair William & Co. IL grew its stake in shares of JPMorgan Equity Premium Income ETF by 20.5% during the first quarter. Blair William & Co. IL now owns 116,203 shares of the company’s stock worth $6,724,000 after purchasing an additional 19,731 shares during the period. First Foundation Advisors grew its stake in shares of JPMorgan Equity Premium Income ETF by 91.9% during the first quarter. First Foundation Advisors now owns 1,203,095 shares of the company’s stock worth $69,611,000 after purchasing an additional 576,068 shares during the period. JPMorgan Chase & Co. grew its stake in JPMorgan Equity Premium Income ETF by 3.8% in the first quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock valued at $1,274,807,000 after acquiring an additional 815,598 shares during the period. Finally, Patten & Patten Inc. TN grew its stake in JPMorgan Equity Premium Income ETF by 7.2% in the first quarter. Patten & Patten Inc. TN now owns 401,463 shares of the company’s stock valued at $23,229,000 after acquiring an additional 26,869 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $59.78 on Friday. The stock has a market capitalization of $35.08 billion, a P/E ratio of 24.40 and a beta of 0.53. The business has a 50-day moving average of $59.20 and a 200-day moving average of $57.66. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.13 and a fifty-two week high of $60.20.

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.