Brookwood Investment Group LLC Cuts Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Brookwood Investment Group LLC trimmed its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 18.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 30,694 shares of the company’s stock after selling 7,137 shares during the period. Brookwood Investment Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,745,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of JEPI. Brighton Jones LLC purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at $402,000. Sequoia Financial Advisors LLC grew its stake in JPMorgan Equity Premium Income ETF by 240.3% during the first quarter. Sequoia Financial Advisors LLC now owns 21,503 shares of the company’s stock valued at $1,229,000 after acquiring an additional 15,185 shares in the last quarter. 3Chopt Investment Partners LLC purchased a new position in JPMorgan Equity Premium Income ETF during the first quarter valued at $200,000. Patron Partners LLC grew its stake in JPMorgan Equity Premium Income ETF by 18.8% during the first quarter. Patron Partners LLC now owns 4,270 shares of the company’s stock valued at $244,000 after acquiring an additional 676 shares in the last quarter. Finally, Capital Advisors Wealth Management LLC grew its stake in JPMorgan Equity Premium Income ETF by 6.0% during the first quarter. Capital Advisors Wealth Management LLC now owns 104,100 shares of the company’s stock valued at $5,948,000 after acquiring an additional 5,918 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $57.46 on Monday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $60.88. The stock has a market capitalization of $41.21 billion, a price-to-earnings ratio of 23.93 and a beta of 0.62. The company has a fifty day moving average of $56.93 and a 200 day moving average of $56.28.

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.