JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Evolution Wealth Advisors LLC

Evolution Wealth Advisors LLC lowered its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 19.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 53,196 shares of the company’s stock after selling 13,031 shares during the quarter. Evolution Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,078,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Burkett Financial Services LLC purchased a new position in JPMorgan Equity Premium Income ETF in the first quarter valued at about $35,000. Morris Financial Concepts Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 114.1% in the 1st quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock valued at $36,000 after purchasing an additional 331 shares in the last quarter. Capital Advisors Ltd. LLC grew its stake in JPMorgan Equity Premium Income ETF by 79.3% in the fourth quarter. Capital Advisors Ltd. LLC now owns 658 shares of the company’s stock worth $36,000 after purchasing an additional 291 shares in the last quarter. BOK Financial Private Wealth Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 400.0% in the fourth quarter. BOK Financial Private Wealth Inc. now owns 750 shares of the company’s stock valued at $42,000 after buying an additional 600 shares during the last quarter. Finally, Roble Belko & Company Inc acquired a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $42,000.

JPMorgan Equity Premium Income ETF Stock Down 0.1 %

Shares of JEPI traded down $0.06 during mid-day trading on Wednesday, hitting $56.14. The stock had a trading volume of 2,323,160 shares, compared to its average volume of 3,278,541. JPMorgan Equity Premium Income ETF has a fifty-two week low of $51.38 and a fifty-two week high of $57.94. The company’s fifty day simple moving average is $56.59 and its two-hundred day simple moving average is $56.34. The company has a market cap of $32.94 billion, a PE ratio of 24.40 and a beta of 0.53.

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.