Clear Creek Financial Management LLC Cuts Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Clear Creek Financial Management LLC lessened its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.8% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 48,795 shares of the company’s stock after selling 1,929 shares during the period. Clear Creek Financial Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,766,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Fluent Financial LLC boosted its position in JPMorgan Equity Premium Income ETF by 4.2% during the 1st quarter. Fluent Financial LLC now owns 4,467 shares of the company’s stock valued at $258,000 after acquiring an additional 181 shares in the last quarter. FSC Wealth Advisors LLC boosted its position in JPMorgan Equity Premium Income ETF by 2.9% during 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. Paragon Private Wealth Management LLC boosted its position in JPMorgan Equity Premium Income ETF by 2.3% during the fourth quarter. Paragon Private Wealth Management LLC now owns 8,628 shares of the company’s stock valued at $474,000 after purchasing an additional 196 shares in the last quarter. Raleigh Capital Management Inc. grew its stake in JPMorgan Equity Premium Income ETF by 21.6% in the fourth quarter. Raleigh Capital Management Inc. now owns 1,126 shares of the company’s stock valued at $62,000 after purchasing an additional 200 shares during the last quarter. Finally, Salem Investment Counselors Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 17.5% in the first quarter. Salem Investment Counselors Inc. now owns 1,342 shares of the company’s stock worth $78,000 after purchasing an additional 200 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock traded up $0.24 during mid-day trading on Friday, hitting $58.11. 2,936,242 shares of the stock traded hands, compared to its average volume of 3,263,346. The stock’s fifty day moving average is $56.73 and its two-hundred day moving average is $56.71. JPMorgan Equity Premium Income ETF has a 52-week low of $51.38 and a 52-week high of $58.13. The stock has a market cap of $34.10 billion, a P/E 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.