Worth Asset Management LLC Sells 1,160 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Worth Asset Management LLC trimmed its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.1% in the third quarter, Holdings Channel reports. The firm owned 36,798 shares of the company’s stock after selling 1,160 shares during the quarter. JPMorgan Equity Premium Income ETF comprises approximately 1.2% of Worth Asset Management LLC’s investment portfolio, making the stock its 19th biggest position. Worth Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,190,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of JEPI. HHM Wealth Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $28,000. Larson Financial Group LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 129.8% during the 1st quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock worth $32,000 after purchasing an additional 314 shares during the last quarter. Burkett Financial Services LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 1st quarter worth approximately $35,000. Morris Financial Concepts Inc. lifted its holdings in JPMorgan Equity Premium Income ETF by 114.1% during the 1st quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock worth $36,000 after purchasing an additional 331 shares during the last quarter. Finally, Beaird Harris Wealth Management LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 1st quarter worth approximately $38,000.

JPMorgan Equity Premium Income ETF Trading Up 0.0 %

NYSEARCA:JEPI opened at $59.16 on Friday. The stock has a market cap of $34.72 billion, a P/E ratio of 24.40 and a beta of 0.53. The stock has a 50 day simple moving average of $58.16 and a 200 day simple moving average of $57.18. JPMorgan Equity Premium Income ETF has a 1-year low of $51.38 and a 1-year high of $59.58.

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.