Atlas Brown Inc. Lowers Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Atlas Brown Inc. lessened its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,519 shares of the company’s stock after selling 469 shares during the quarter. Atlas Brown Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $260,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of JEPI. Choreo LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at $759,000. Coldstream Capital Management Inc. grew its stake in JPMorgan Equity Premium Income ETF by 61.6% in the 2nd quarter. Coldstream Capital Management Inc. now owns 18,343 shares of the company’s stock valued at $1,040,000 after acquiring an additional 6,989 shares during the last quarter. HHM Wealth Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF during the second quarter worth about $28,000. LPL Financial LLC lifted its stake in JPMorgan Equity Premium Income ETF by 3.3% in the 2nd quarter. LPL Financial LLC now owns 1,484,230 shares of the company’s stock valued at $84,126,000 after buying an additional 47,371 shares in the last quarter. Finally, Montis Financial LLC increased its position in JPMorgan Equity Premium Income ETF by 522.2% during the 2nd quarter. Montis Financial LLC now owns 56,220 shares of the company’s stock worth $3,187,000 after purchasing an additional 47,184 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 1.5 %

Shares of NYSEARCA:JEPI traded down $0.88 during trading on Friday, reaching $57.01. The stock had a trading volume of 5,707,743 shares, compared to its average volume of 4,086,315. The stock has a market cap of $33.46 billion, a P/E ratio of 24.40 and a beta of 0.53. The business has a fifty day moving average price of $59.18 and a 200-day moving average price of $58.36. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.72 and a fifty-two week high of $60.88.

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.