Balboa Wealth Partners Sells 41,950 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Balboa Wealth Partners decreased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 80.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,902 shares of the company’s stock after selling 41,950 shares during the period. Balboa Wealth Partners’ holdings in JPMorgan Equity Premium Income ETF were worth $570,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. US Bancorp DE boosted its stake in shares of JPMorgan Equity Premium Income ETF by 28.0% during the 4th quarter. US Bancorp DE now owns 28,673 shares of the company’s stock worth $1,650,000 after purchasing an additional 6,273 shares during the period. Clarity Wealth Advisors LLC lifted its stake in JPMorgan Equity Premium Income ETF by 0.7% in the fourth quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock worth $3,204,000 after purchasing an additional 401 shares during the last quarter. Tandem Financial LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $757,000. Citigroup Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 51.8% during the third quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock valued at $8,797,000 after buying an additional 50,459 shares during the last quarter. Finally, New England Private Wealth Advisors LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 2.4% in the fourth quarter. New England Private Wealth Advisors LLC now owns 145,266 shares of the company’s stock worth $8,357,000 after buying an additional 3,369 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.9 %

JEPI opened at $56.17 on Friday. The business has a fifty day moving average of $58.55 and a 200 day moving average of $58.95. The stock has a market cap of $37.55 billion, a P/E ratio of 25.75 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88.

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.