J2 Capital Management Inc Sells 3,675 Shares of JPMorgan Equity Premium Income ETF $JEPI

J2 Capital Management Inc trimmed its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.0% during the 2nd quarter, HoldingsChannel reports. The firm owned 87,929 shares of the company’s stock after selling 3,675 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 4.0% of J2 Capital Management Inc’s investment portfolio, making the stock its 5th biggest holding. J2 Capital Management Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $4,999,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. SimpliFi Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF by 2.6% in the second quarter. SimpliFi Inc. now owns 7,345 shares of the company’s stock worth $418,000 after acquiring an additional 186 shares during the last quarter. Vicus Capital grew its stake in JPMorgan Equity Premium Income ETF by 3.2% in the second quarter. Vicus Capital now owns 131,004 shares of the company’s stock valued at $7,448,000 after purchasing an additional 4,088 shares in the last quarter. Parsons Capital Management Inc. RI raised its holdings in shares of JPMorgan Equity Premium Income ETF by 2.3% during the 2nd quarter. Parsons Capital Management Inc. RI now owns 73,697 shares of the company’s stock valued at $4,190,000 after purchasing an additional 1,634 shares in the last quarter. Pure Financial Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth about $753,000. Finally, Northeast Financial Group Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 7.9% during the 2nd quarter. Northeast Financial Group Inc. now owns 215,412 shares of the company’s stock valued at $12,246,000 after acquiring an additional 15,689 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $56.85 on Thursday. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month high of $60.88. The business has a 50 day moving average price of $56.77 and a 200 day moving average price of $56.15. The firm has a market cap of $41.03 billion, a P/E ratio of 23.93 and a beta of 0.62.

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.