JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Position Trimmed by Sterling Investment Counsel LLC

Sterling Investment Counsel LLC trimmed its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 47.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 183,554 shares of the company’s stock after selling 167,214 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 7.0% of Sterling Investment Counsel LLC’s portfolio, making the stock its 3rd largest position. Sterling Investment Counsel LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,560,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Heritage Wealth Management Inc. acquired a new position in JPMorgan Equity Premium Income ETF during the second quarter worth $978,000. Citigroup Inc. lifted its holdings in JPMorgan Equity Premium Income ETF by 51.8% in the 3rd quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock worth $8,797,000 after purchasing an additional 50,459 shares during the last quarter. Summit Wealth Partners LLC boosted its position in JPMorgan Equity Premium Income ETF by 1.3% during the second quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock worth $4,360,000 after purchasing an additional 957 shares during the period. Newbridge Financial Services Group Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 106.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 57,886 shares of the company’s stock valued at $3,281,000 after purchasing an additional 29,879 shares during the last quarter. Finally, Brown Financial Advisors acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter worth $3,263,000.

JPMorgan Equity Premium Income ETF Trading Up 0.3 %

NYSEARCA:JEPI opened at $59.29 on Tuesday. The firm has a market capitalization of $34.79 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88. The firm’s fifty day simple moving average is $58.92 and its 200 day simple moving average is $58.55.

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.