Legacy Capital Wealth Partners LLC Sells 3,774 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Legacy Capital Wealth Partners LLC cut its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,772 shares of the company’s stock after selling 3,774 shares during the quarter. Legacy Capital Wealth Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,132,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Sapient Capital LLC bought a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at approximately $285,000. AdvisorNet Financial Inc raised its stake in JPMorgan Equity Premium Income ETF by 2.4% during the 4th quarter. AdvisorNet Financial Inc now owns 35,624 shares of the company’s stock valued at $1,959,000 after buying an additional 830 shares during the last quarter. EP Wealth Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at $111,000. Modera Wealth Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at $207,000. Finally, Etesian Wealth Advisors Inc. raised its stake in JPMorgan Equity Premium Income ETF by 52.9% during the 4th quarter. Etesian Wealth Advisors Inc. now owns 8,331 shares of the company’s stock valued at $458,000 after buying an additional 2,881 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.3 %

JEPI traded up $0.17 during mid-day trading on Friday, reaching $56.28. 2,284,349 shares of the company traded hands, compared to its average volume of 3,569,882. The stock has a market capitalization of $32.97 billion, a P/E ratio of 24.51 and a beta of 0.54. The company’s fifty day moving average price is $56.83 and its 200-day moving average price is $55.41. JPMorgan Equity Premium Income ETF has a 52-week low of $51.38 and a 52-week high of $57.94.

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.