Graypoint LLC Sells 4,854 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Graypoint LLC cut its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 370,985 shares of the company’s stock after selling 4,854 shares during the period. JPMorgan Equity Premium Income ETF makes up 1.3% of Graypoint LLC’s holdings, making the stock its 18th largest position. Graypoint LLC owned approximately 0.06% of JPMorgan Equity Premium Income ETF worth $21,343,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in JEPI. RMR Wealth Builders bought a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $277,000. Lowe Wealth Advisors LLC boosted its stake in JPMorgan Equity Premium Income ETF by 8.7% in the 4th quarter. Lowe Wealth Advisors LLC now owns 109,975 shares of the company’s stock valued at $6,327,000 after purchasing an additional 8,798 shares during the period. Legacy Private Trust Co. grew its stake in shares of JPMorgan Equity Premium Income ETF by 3.0% in the fourth quarter. Legacy Private Trust Co. now owns 146,440 shares of the company’s stock valued at $8,425,000 after acquiring an additional 4,268 shares in the last quarter. First Hawaiian Bank bought a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $1,533,000. Finally, Private Client Services LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 9.2% during the 4th quarter. Private Client Services LLC now owns 40,513 shares of the company’s stock worth $2,331,000 after purchasing an additional 3,399 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA JEPI traded down $0.83 during midday trading on Friday, reaching $57.06. The company’s stock had a trading volume of 5,895,876 shares, compared to its average volume of 4,203,952. The company has a market cap of $33.48 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.72 and a fifty-two week high of $60.88. The business’s 50 day moving average price is $59.18 and its two-hundred day moving average price is $58.36.

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.