JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Position Trimmed by Blue Chip Partners LLC

Blue Chip Partners LLC trimmed its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 16,565 shares of the company’s stock after selling 174 shares during the quarter. Blue Chip Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $953,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Mattern Wealth Management LLC lifted its position in JPMorgan Equity Premium Income ETF by 2.2% in the 3rd quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock worth $480,000 after buying an additional 174 shares in the last quarter. Consolidated Planning Corp raised its holdings in shares of JPMorgan Equity Premium Income ETF by 0.5% during the fourth quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock worth $1,931,000 after acquiring an additional 179 shares in the last quarter. Landmark Wealth Management LLC boosted its position in JPMorgan Equity Premium Income ETF by 5.1% during the fourth quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock valued at $221,000 after purchasing an additional 185 shares during the last quarter. Aviance Capital Partners LLC boosted its position in JPMorgan Equity Premium Income ETF by 1.1% during the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock valued at $1,030,000 after purchasing an additional 194 shares during the last quarter. Finally, Fortis Advisors LLC grew its stake in JPMorgan Equity Premium Income ETF by 2.0% in the fourth quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock valued at $578,000 after purchasing an additional 196 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $59.17 on Monday. The company has a market capitalization of $34.72 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The business has a 50-day moving average of $58.58 and a 200-day moving average of $58.75.

JPMorgan Equity Premium Income ETF 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.