Family Asset Management LLC Decreases Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Family Asset Management LLC lowered its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,277 shares of the company’s stock after selling 779 shares during the period. Family Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,207,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Mattern Wealth Management LLC lifted its stake in JPMorgan Equity Premium Income ETF by 2.2% in the 3rd quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock worth $480,000 after purchasing an additional 174 shares in the last quarter. Empirical Asset Management LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 4.0% during the third quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock worth $278,000 after purchasing an additional 179 shares in the last quarter. FSC Wealth Advisors LLC raised its stake in JPMorgan Equity Premium Income ETF by 2.9% in the second quarter. FSC Wealth Advisors LLC now owns 6,774 shares of the company’s stock valued at $384,000 after purchasing an additional 188 shares in the last quarter. Hixon Zuercher LLC grew its stake in JPMorgan Equity Premium Income ETF by 3.7% in the 2nd quarter. Hixon Zuercher LLC now owns 5,336 shares of the company’s stock worth $302,000 after buying an additional 190 shares in the last quarter. Finally, Hudock Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 4.5% during the 3rd quarter. Hudock Inc. now owns 4,608 shares of the company’s stock valued at $274,000 after buying an additional 199 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.9 %

NYSEARCA:JEPI traded up $0.54 during midday trading on Wednesday, hitting $59.42. The company had a trading volume of 542,486 shares, compared to its average volume of 3,114,516. The stock’s fifty day moving average price is $58.99 and its 200-day moving average price is $57.51. JPMorgan Equity Premium Income ETF has a 52-week low of $53.33 and a 52-week high of $59.97. The company has a market capitalization of $34.87 billion, a PE ratio of 24.40 and a beta of 0.53.

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.