Montag A & Associates Inc. cut its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 80.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,549 shares of the company’s stock after selling 6,363 shares during the period. Montag A & Associates Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $88,000 as of its most recent filing with the SEC.
Other hedge funds have also recently added to or reduced their stakes in the company. Bartlett & CO. Wealth Management LLC bought a new position in JPMorgan Equity Premium Income ETF during the second quarter valued at about $25,000. GHP Investment Advisors Inc. acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $25,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter valued at approximately $29,000. Millstone Evans Group LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter valued at approximately $29,000. Finally, Oliver Lagore Vanvalin Investment Group acquired a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at $32,000.
JPMorgan Equity Premium Income ETF Stock Performance
Shares of JEPI stock opened at $57.28 on Thursday. The firm has a fifty day moving average of $56.88 and a 200-day moving average of $56.53. The stock has a market cap of $41.00 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-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.
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