SlateStone Wealth LLC Sells 76,253 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

SlateStone Wealth LLC cut its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 52.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 70,512 shares of the company’s stock after selling 76,253 shares during the quarter. SlateStone Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,877,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of JEPI. Roble Belko & Company Inc bought a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at $42,000. PDS Planning Inc raised its stake in JPMorgan Equity Premium Income ETF by 135.4% in the fourth quarter. PDS Planning Inc now owns 10,173 shares of the company’s stock worth $559,000 after buying an additional 5,852 shares in the last quarter. Greenwich Wealth Management LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 700.3% in the 4th quarter. Greenwich Wealth Management LLC now owns 43,479 shares of the company’s stock worth $2,390,000 after purchasing an additional 38,046 shares in the last quarter. Capital Investment Advisory Services LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 11.5% in the 4th quarter. Capital Investment Advisory Services LLC now owns 49,309 shares of the company’s stock worth $2,711,000 after purchasing an additional 5,069 shares in the last quarter. Finally, CWM LLC increased its position in JPMorgan Equity Premium Income ETF by 263.2% during the fourth quarter. CWM LLC now owns 566,863 shares of the company’s stock valued at $31,166,000 after acquiring an additional 410,768 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $56.36 on Wednesday. The business has a 50-day moving average price of $56.83 and a 200-day moving average price of $55.37. The firm has a market cap of $33.02 billion, a price-to-earnings ratio of 24.51 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a twelve month low of $51.38 and a twelve month 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.