SYM FINANCIAL Corp Decreases Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

SYM FINANCIAL Corp reduced its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 74.3% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,356 shares of the company’s stock after selling 3,923 shares during the period. SYM FINANCIAL Corp’s holdings in JPMorgan Equity Premium Income ETF were worth $78,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in JEPI. International Assets Investment Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at $647,943,000. Global Assets Advisory LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 5,858.1% in the 1st quarter. Global Assets Advisory LLC now owns 6,165,296 shares of the company’s stock worth $356,724,000 after buying an additional 6,061,819 shares during the period. Envestnet Asset Management Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 5.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 5,836,775 shares of the company’s stock worth $320,906,000 after buying an additional 315,588 shares during the period. CIBC Private Wealth Group LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 6.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 3,172,309 shares of the company’s stock worth $174,414,000 after buying an additional 187,656 shares during the period. Finally, Commonwealth Equity Services LLC lifted its stake in JPMorgan Equity Premium Income ETF by 2.8% in the 1st quarter. Commonwealth Equity Services LLC now owns 2,949,703 shares of the company’s stock worth $170,670,000 after purchasing an additional 81,140 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.6 %

JEPI stock traded up $0.33 during mid-day trading on Friday, hitting $56.97. The company had a trading volume of 1,903,436 shares, compared to its average volume of 3,253,895. The company has a market capitalization of $33.43 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12-month low of $51.38 and a 12-month high of $57.94. The company has a 50-day moving average price of $56.62 and a 200 day moving average price of $56.38.

About JPMorgan Equity Premium Income ETF

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.