Transcend Capital Advisors LLC Sells 7,067 Shares of JPMorgan Equity Premium Income ETF $JEPI

Transcend Capital Advisors LLC lowered its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 18.0% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 32,107 shares of the company’s stock after selling 7,067 shares during the quarter. Transcend Capital Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,825,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Mattern Wealth Management LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 1.8% in the second quarter. Mattern Wealth Management LLC now owns 10,082 shares of the company’s stock valued at $573,000 after purchasing an additional 178 shares during the period. Highline Wealth Partners LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 13.5% in the second quarter. Highline Wealth Partners LLC now owns 1,518 shares of the company’s stock valued at $86,000 after purchasing an additional 180 shares during the period. Solutions 4 Wealth Ltd raised its position in shares of JPMorgan Equity Premium Income ETF by 1.2% in the first quarter. Solutions 4 Wealth Ltd now owns 15,441 shares of the company’s stock valued at $882,000 after purchasing an additional 183 shares during the period. SimpliFi Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 2.6% in the second quarter. SimpliFi Inc. now owns 7,345 shares of the company’s stock valued at $418,000 after purchasing an additional 186 shares during the period. Finally, Summit Wealth & Retirement Planning Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 4.0% in the first quarter. Summit Wealth & Retirement Planning Inc. now owns 4,900 shares of the company’s stock valued at $280,000 after purchasing an additional 190 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 0.2%

NYSEARCA JEPI opened at $57.60 on Tuesday. The company’s 50 day moving average is $56.95 and its 200-day moving average is $56.30. JPMorgan Equity Premium Income ETF has a 12-month low of $49.94 and a 12-month high of $60.88. The firm has a market cap of $41.32 billion, a P/E ratio of 23.93 and a beta of 0.60.

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.