JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Nvest Financial LLC

Nvest Financial LLC lowered its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 25.0% during the fourth quarter, HoldingsChannel reports. The firm owned 3,646 shares of the company’s stock after selling 1,214 shares during the period. Nvest Financial LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $210,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JEPI. Salomon & Ludwin LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter worth about $25,000. Ulland Investment Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $31,000. Running Point Capital Advisors LLC lifted its stake in JPMorgan Equity Premium Income ETF by 131.2% in the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after purchasing an additional 362 shares in the last quarter. Missouri Trust & Investment Co boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 737.2% during the 4th quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock worth $41,000 after purchasing an additional 634 shares during the last quarter. Finally, Brown Lisle Cummings Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 48.0% in the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after purchasing an additional 255 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $58.98 on Wednesday. The stock has a 50 day moving average price of $58.91 and a 200 day moving average price of $58.57. The stock has a market cap of $34.61 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year 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.