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

Balboa Wealth Partners lowered its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 80.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). 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 and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. grew its stake in JPMorgan Equity Premium Income ETF by 18.8% during the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after acquiring an additional 3,536,406 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at about $322,301,000. HighTower Advisors LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 3.0% during the fourth quarter. HighTower Advisors LLC now owns 3,682,072 shares of the company’s stock valued at $211,830,000 after purchasing an additional 108,546 shares in the last quarter. MML Investors Services LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 16.9% in the third quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock worth $155,331,000 after purchasing an additional 376,400 shares during the last quarter. Finally, Stifel Financial Corp lifted its position in shares of JPMorgan Equity Premium Income ETF by 7.0% in the third quarter. Stifel Financial Corp now owns 2,088,400 shares of the company’s stock worth $124,281,000 after buying an additional 136,138 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.9 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.17 on Friday. The firm has a market cap of $37.55 billion, a PE ratio of 25.75 and a beta of 0.61. The stock has a 50 day moving average of $58.55 and a 200 day moving average of $58.95. JPMorgan Equity Premium Income ETF has a 12 month low of $54.77 and a 12 month 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.