Mascoma Wealth Management LLC lowered its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 8.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 12,287 shares of the company’s stock after selling 1,146 shares during the period. Mascoma Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $707,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Assetmark Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 2.4% during the 3rd quarter. Assetmark Inc. now owns 69,248 shares of the company’s stock worth $4,121,000 after purchasing an additional 1,637 shares in the last quarter. WealthPLAN Partners LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 12.2% during the 3rd quarter. WealthPLAN Partners LLC now owns 6,285 shares of the company’s stock worth $374,000 after purchasing an additional 682 shares in the last quarter. Platform Technology Partners grew its holdings in shares of JPMorgan Equity Premium Income ETF by 21.0% during the 3rd quarter. Platform Technology Partners now owns 5,359 shares of the company’s stock worth $319,000 after purchasing an additional 929 shares in the last quarter. Moser Wealth Advisors LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 13.4% during the 3rd quarter. Moser Wealth Advisors LLC now owns 44,725 shares of the company’s stock worth $2,662,000 after purchasing an additional 5,280 shares in the last quarter. Finally, Oppenheimer & Co. Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 18.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 154,498 shares of the company’s stock worth $9,194,000 after purchasing an additional 23,952 shares in the last quarter.
JPMorgan Equity Premium Income ETF Trading Down 0.1 %
Shares of NYSEARCA:JEPI opened at $56.69 on Thursday. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88. The firm has a market capitalization of $37.90 billion, a PE ratio of 25.75 and a beta of 0.61. The business’s 50 day moving average is $58.55 and its 200-day moving average is $58.95.
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.
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