Baron Silver Stevens Financial Advisors LLC Cuts Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Baron Silver Stevens Financial Advisors LLC trimmed its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 40,752 shares of the company’s stock after selling 2,543 shares during the period. Baron Silver Stevens Financial Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,344,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. JPMorgan Chase & Co. grew its holdings in JPMorgan Equity Premium Income ETF by 18.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after buying an additional 3,536,406 shares in the last quarter. Eaton Financial Holdings Company LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $51,202,000. World Investment Advisors LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 748.5% during the third quarter. World Investment Advisors LLC now owns 806,099 shares of the company’s stock valued at $47,971,000 after buying an additional 711,094 shares during the period. Sanctuary Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF during the second quarter valued at $31,505,000. Finally, Marks Wealth LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $29,284,000.

JPMorgan Equity Premium Income ETF Stock Down 0.1 %

Shares of NYSEARCA JEPI opened at $58.87 on Thursday. The company has a 50 day moving average of $58.94 and a 200 day moving average of $58.47. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month high of $60.88. The firm has a market cap of $34.55 billion, a P/E ratio of 24.40 and a beta of 0.53.

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.