Princeton Global Asset Management LLC lessened its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 12.0% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 67,378 shares of the company’s stock after selling 9,214 shares during the quarter. Princeton Global Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,830,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mather Group LLC. bought a new position in JPMorgan Equity Premium Income ETF in the 1st quarter valued at about $25,000. Bartlett & CO. Wealth Management LLC bought a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $25,000. Mowery & Schoenfeld Wealth Management LLC bought a new position in JPMorgan Equity Premium Income ETF in the 1st quarter valued at about $29,000. Millstone Evans Group LLC bought a new position in JPMorgan Equity Premium Income ETF in the 1st quarter valued at about $29,000. Finally, Oliver Lagore Vanvalin Investment Group bought a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $32,000.
JPMorgan Equity Premium Income ETF Stock Up 0.6%
Shares of JEPI opened at $56.86 on Monday. The firm has a 50-day moving average price of $56.84 and a 200 day moving average price of $56.10. The firm has a market capitalization of $41.02 billion, a PE ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $60.88.
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.
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Want to see what other hedge funds are holding JEPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report).
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