Patriot Financial Group Insurance Agency LLC Sells 1,096 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Patriot Financial Group Insurance Agency LLC cut its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.7% in the 3rd quarter, HoldingsChannel reports. The fund owned 153,485 shares of the company’s stock after selling 1,096 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 1.2% of Patriot Financial Group Insurance Agency LLC’s investment portfolio, making the stock its 11th biggest holding. Patriot Financial Group Insurance Agency LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $8,923,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in JPMorgan Equity Premium Income ETF by 3.8% in the 1st quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock worth $1,274,807,000 after purchasing an additional 815,598 shares in the last quarter. Envestnet Asset Management Inc. grew its position in JPMorgan Equity Premium Income ETF by 8.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 7,104,167 shares of the company’s stock worth $402,664,000 after purchasing an additional 539,682 shares in the last quarter. Cetera Investment Advisers grew its position in shares of JPMorgan Equity Premium Income ETF by 1.3% during the 2nd quarter. Cetera Investment Advisers now owns 4,188,012 shares of the company’s stock valued at $237,377,000 after acquiring an additional 52,301 shares during the period. Commonwealth Equity Services LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 8.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock valued at $218,105,000 after acquiring an additional 285,180 shares during the period. Finally, RiverFront Investment Group LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 5.9% during the 2nd quarter. RiverFront Investment Group LLC now owns 3,005,845 shares of the company’s stock valued at $170,371,000 after acquiring an additional 166,821 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock traded up $0.18 on Monday, reaching $59.41. 1,142,501 shares of the company traded hands, compared to its average volume of 3,120,326. JPMorgan Equity Premium Income ETF has a 52 week low of $51.74 and a 52 week high of $59.97. The company has a 50 day moving average of $58.87 and a 200 day moving average of $57.35. The firm has a market capitalization of $34.86 billion, a PE ratio of 24.40 and a beta of 0.53.

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.