FWG Holdings LLC Sells 4,784 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

FWG Holdings LLC lowered its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 21.2% in the fourth quarter, HoldingsChannel reports. The firm owned 17,770 shares of the company’s stock after selling 4,784 shares during the period. FWG Holdings LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,041,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Assetmark Inc. raised its position in JPMorgan Equity Premium Income ETF by 2.4% in the 3rd quarter. Assetmark Inc. now owns 69,248 shares of the company’s stock valued at $4,121,000 after purchasing an additional 1,637 shares during the last quarter. XML Financial LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 15.3% in the third quarter. XML Financial LLC now owns 5,475 shares of the company’s stock valued at $326,000 after buying an additional 725 shares in the last quarter. Summit Wealth & Retirement Planning Inc. bought a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at about $231,000. Costello Asset Management INC acquired a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter worth about $308,000. Finally, Legacy Capital Wealth Partners LLC grew its holdings in JPMorgan Equity Premium Income ETF by 98.2% during the 3rd quarter. Legacy Capital Wealth Partners LLC now owns 74,304 shares of the company’s stock worth $4,422,000 after acquiring an additional 36,806 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.6 %

Shares of NYSEARCA JEPI opened at $58.20 on Monday. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88. The company has a 50-day moving average of $58.60 and a two-hundred day moving average of $58.98. The company has a market cap of $38.91 billion, a PE ratio of 25.75 and a beta of 0.61.

About JPMorgan Equity Premium Income ETF

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.