BLB&B Advisors LLC Trims Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

BLB&B Advisors LLC reduced its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 22.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,437 shares of the company’s stock after selling 2,430 shares during the quarter. BLB&B Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $502,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. HHM Wealth Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter worth about $28,000. Larson Financial Group LLC lifted its stake in JPMorgan Equity Premium Income ETF by 129.8% in 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 in the last quarter. Morris Financial Concepts Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 114.1% in the 1st quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock valued at $36,000 after purchasing an additional 331 shares during the period. Beaird Harris Wealth Management LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter worth $38,000. Finally, Whittier Trust Co. of Nevada Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 105.2% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 716 shares of the company’s stock worth $41,000 after buying an additional 367 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.1 %

JPMorgan Equity Premium Income ETF stock opened at $59.53 on Thursday. The stock has a market cap of $34.93 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The business has a 50-day simple moving average of $58.76 and a 200 day simple moving average of $57.30. JPMorgan Equity Premium Income ETF has a 52 week low of $51.38 and a 52 week high of $59.97.

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.