Evermay Wealth Management LLC Lowers Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Evermay Wealth Management LLC cut its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 106,332 shares of the company’s stock after selling 5,184 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 1.0% of Evermay Wealth Management LLC’s holdings, making the stock its 18th biggest holding. Evermay Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,328,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Salomon & Ludwin LLC purchased a new position in JPMorgan Equity Premium Income ETF in the third quarter valued at about $25,000. HHM Wealth Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter worth about $28,000. Larson Financial Group LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 129.8% during the first quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock worth $32,000 after buying an additional 314 shares during the period. Beaird Harris Wealth Management LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 1st quarter valued at $38,000. Finally, Whittier Trust Co. of Nevada Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 105.2% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 716 shares of the company’s stock worth $41,000 after purchasing an additional 367 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI traded up $0.01 during midday trading on Wednesday, reaching $59.25. 577,062 shares of the company traded hands, compared to its average volume of 3,112,860. The stock has a 50-day moving average price of $58.93 and a 200 day moving average price of $57.39. The company has a market cap of $34.77 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52 week low of $52.13 and a 52 week high of $59.97.

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.