TRUE Private Wealth Advisors Sells 265 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

TRUE Private Wealth Advisors lowered its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,791 shares of the company’s stock after selling 265 shares during the period. TRUE Private Wealth Advisors’ holdings in JPMorgan Equity Premium Income ETF were worth $373,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Family Management Corp bought a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter worth $25,000. Salem Investment Counselors Inc. bought a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $27,000. Patriot Investment Management Group Inc. bought a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $27,000. Janiczek Wealth Management LLC bought a new position in JPMorgan Equity Premium Income ETF in the third quarter valued at about $30,000. Finally, Perritt Capital Management Inc. grew its position in JPMorgan Equity Premium Income ETF by 44.4% in the third quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock valued at $35,000 after acquiring an additional 200 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.4 %

JPMorgan Equity Premium Income ETF stock opened at $55.49 on Thursday. JPMorgan Equity Premium Income ETF has a 12-month low of $51.38 and a 12-month high of $57.94. The business’s 50-day moving average price is $56.85 and its two-hundred day moving average price is $55.27. The stock has a market cap of $32.51 billion, a PE ratio of 24.51 and a beta of 0.54.

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.