Oliver Lagore Vanvalin Investment Group Trims Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Oliver Lagore Vanvalin Investment Group reduced its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 69.3% in the 4th quarter, Holdings Channel reports. The fund owned 530 shares of the company’s stock after selling 1,197 shares during the period. Oliver Lagore Vanvalin Investment Group’s holdings in JPMorgan Equity Premium Income ETF were worth $29,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JEPI. Family Management Corp purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 1st quarter worth about $25,000. Salem Investment Counselors Inc. acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $27,000. Patriot Investment Management Group Inc. purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $27,000. Janiczek Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter valued at $30,000. Finally, Perritt Capital Management Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 44.4% during the 3rd quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock valued at $35,000 after buying an additional 200 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.0 %

JEPI stock opened at $55.46 on Friday. The company has a market cap of $32.49 billion, a price-to-earnings ratio of 24.51 and a beta of 0.54. The business has a fifty day simple moving average of $56.84 and a 200-day simple moving average of $55.27. JPMorgan Equity Premium Income ETF has a 52 week low of $51.38 and a 52 week high of $57.94.

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.