Canvas Wealth Advisors LLC Has $441,000 Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Canvas Wealth Advisors LLC lessened its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 30.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,601 shares of the company’s stock after selling 3,331 shares during the quarter. Canvas Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $441,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. AQR Capital Management LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at about $295,000. Alpha Financial Partners LLC raised its holdings in JPMorgan Equity Premium Income ETF by 45.5% in the 3rd quarter. Alpha Financial Partners LLC now owns 59,653 shares of the company’s stock valued at $3,550,000 after buying an additional 18,662 shares during the last quarter. Valeo Financial Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $229,000. Brown Miller Wealth Management LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $599,000. Finally, Montis Financial LLC grew its holdings in JPMorgan Equity Premium Income ETF by 67.0% during the 3rd quarter. Montis Financial LLC now owns 93,870 shares of the company’s stock worth $5,586,000 after acquiring an additional 37,650 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.4 %

Shares of NYSEARCA:JEPI opened at $58.79 on Monday. The business has a fifty day simple moving average of $58.68 and a 200 day simple moving average of $58.67. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month high of $60.88. The firm has a market cap of $34.50 billion, a P/E 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.