Bryn Mawr Capital Management LLC Cuts Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Bryn Mawr Capital Management LLC cut its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 17,217 shares of the company’s stock after selling 1,594 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $990,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Clarity Wealth Advisors LLC boosted its stake in JPMorgan Equity Premium Income ETF by 0.7% during the fourth quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock worth $3,204,000 after buying an additional 401 shares during the period. Tandem Financial LLC purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth $757,000. Citigroup Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 51.8% during the third 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. Accurate Wealth Management LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth about $215,000. Finally, First Horizon Advisors Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 223.8% in the fourth quarter. First Horizon Advisors Inc. now owns 5,961 shares of the company’s stock worth $343,000 after purchasing an additional 4,120 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.3 %

NYSEARCA JEPI opened at $59.09 on Thursday. The company’s 50-day moving average price is $58.59 and its 200-day moving average price is $58.92. The stock has a market cap of $39.50 billion, a PE ratio of 25.75 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a 12 month low of $54.77 and a 12 month high of $60.88.

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.