JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Bouvel Investment Partners LLC

Bouvel Investment Partners LLC decreased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.6% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 177,269 shares of the company’s stock after selling 6,633 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 4.4% of Bouvel Investment Partners LLC’s portfolio, making the stock its biggest holding. Bouvel Investment Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,257,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in JEPI. Wealth Enhancement Advisory Services LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 5.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,504,186 shares of the company’s stock worth $87,032,000 after purchasing an additional 82,660 shares in the last quarter. ERn Financial LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 3.7% in the first quarter. ERn Financial LLC now owns 19,752 shares of the company’s stock worth $1,143,000 after acquiring an additional 706 shares during the last quarter. Mosley Wealth Management lifted its position in shares of JPMorgan Equity Premium Income ETF by 12.3% in the first quarter. Mosley Wealth Management now owns 11,795 shares of the company’s stock valued at $682,000 after acquiring an additional 1,291 shares in the last quarter. Investment Partners Asset Management Inc. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 6.2% during the first quarter. Investment Partners Asset Management Inc. now owns 78,418 shares of the company’s stock valued at $4,537,000 after acquiring an additional 4,546 shares during the last quarter. Finally, Sandbox Financial Partners LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 3.6% during the first quarter. Sandbox Financial Partners LLC now owns 173,037 shares of the company’s stock valued at $10,012,000 after acquiring an additional 5,941 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock traded up $0.01 during trading on Thursday, hitting $56.73. The stock had a trading volume of 2,567,305 shares, compared to its average volume of 3,297,619. The stock has a market cap of $33.29 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The company’s 50 day moving average price is $56.56 and its two-hundred day moving average price is $56.29. JPMorgan Equity Premium Income ETF has a 1-year low of $51.38 and a 1-year high of $57.94.

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.