Stablepoint Partners LLC Has $390,000 Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Stablepoint Partners LLC lessened its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,777 shares of the company’s stock after selling 192 shares during the quarter. Stablepoint Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $390,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Heritage Wealth Management Inc. bought a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at approximately $978,000. Citigroup Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 51.8% in the third quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock worth $8,797,000 after purchasing an additional 50,459 shares in the last quarter. Summit Wealth Partners LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 1.3% during the second quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock worth $4,360,000 after purchasing an additional 957 shares during the last quarter. Brown Financial Advisors acquired a new position in JPMorgan Equity Premium Income ETF during the second quarter worth $3,263,000. Finally, Newbridge Financial Services Group Inc. grew its position in JPMorgan Equity Premium Income ETF by 106.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 57,886 shares of the company’s stock valued at $3,281,000 after purchasing an additional 29,879 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $59.10 on Monday. The company’s 50-day moving average price is $58.93 and its two-hundred day moving average price is $58.53. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88. The stock has a market capitalization of $34.68 billion, a PE ratio of 24.40 and a beta of 0.53.

JPMorgan Equity Premium Income ETF Company 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.