Evermay Wealth Management LLC Has $6.33 Million Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Evermay Wealth Management LLC trimmed its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.6% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 106,332 shares of the company’s stock after selling 5,184 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 1.0% of Evermay Wealth Management LLC’s holdings, making the stock its 18th largest holding. Evermay Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,328,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in JEPI. Raymond James & Associates raised its position in JPMorgan Equity Premium Income ETF by 22.2% during the second quarter. Raymond James & Associates now owns 2,421,638 shares of the company’s stock valued at $137,258,000 after buying an additional 439,155 shares during the period. Marshall Financial Group LLC increased its stake in JPMorgan Equity Premium Income ETF by 132.0% in the 2nd quarter. Marshall Financial Group LLC now owns 110,766 shares of the company’s stock valued at $6,278,000 after buying an additional 63,018 shares during the period. Sequoia Financial Advisors LLC lifted its position in JPMorgan Equity Premium Income ETF by 39.5% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 15,980 shares of the company’s stock worth $906,000 after buying an additional 4,524 shares in the last quarter. Heritage Wealth Management Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $978,000. Finally, Summit Wealth Partners LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 1.3% in the second quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock worth $4,360,000 after acquiring an additional 957 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JPMorgan Equity Premium Income ETF stock traded up $0.01 during trading on Wednesday, hitting $59.25. 577,062 shares of the stock traded hands, compared to its average volume of 3,112,860. The stock has a market cap of $34.77 billion, a P/E ratio of 24.40 and a beta of 0.53. The company has a fifty day moving average price of $58.93 and a two-hundred day moving average price of $57.39. JPMorgan Equity Premium Income ETF has a twelve month low of $52.13 and a twelve month high of $59.97.

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.