HM Payson & Co. Sells 736 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

HM Payson & Co. lessened its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 31.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,589 shares of the company’s stock after selling 736 shares during the quarter. HM Payson & Co.’s holdings in JPMorgan Equity Premium Income ETF were worth $95,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Salomon & Ludwin LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter valued at $25,000. HHM Wealth Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF during the second quarter worth about $28,000. Larson Financial Group LLC boosted its holdings in 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 valued at $32,000 after purchasing an additional 314 shares in the last quarter. Beaird Harris Wealth Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at approximately $38,000. Finally, Whittier Trust Co. of Nevada Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 105.2% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 716 shares of the company’s stock worth $41,000 after buying an additional 367 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $58.48 on Friday. The business has a 50 day simple moving average of $58.98 and a 200 day simple moving average of $57.43. The company has a market capitalization of $34.32 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a one year low of $52.93 and a one year 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.