Dover Advisors LLC Sells 3,958 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Dover Advisors LLC reduced its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 18.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,097 shares of the company’s stock after selling 3,958 shares during the period. Dover Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $977,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Bank of Jackson Hole Trust purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $28,000. Duncker Streett & Co. Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $28,000. Crowley Wealth Management Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $32,000. Creative Capital Management Investments LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $32,000. Finally, Global Wealth Strategies & Associates purchased a new position in shares of JPMorgan Equity Premium Income ETF during the first quarter valued at approximately $36,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $56.04 on Friday. The firm has a 50 day moving average price of $55.26 and a 200-day moving average price of $57.22. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $60.88. The firm has a market capitalization of $39.89 billion, a price-to-earnings ratio of 24.45 and a beta of 0.60.

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.