Joel Isaacson & Co. LLC Has $1.49 Million Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Joel Isaacson & Co. LLC lowered its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 21.7% in the second quarter, HoldingsChannel reports. The firm owned 26,231 shares of the company’s stock after selling 7,270 shares during the period. Joel Isaacson & Co. LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,491,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Laraway Financial Advisors Inc boosted its stake in shares of JPMorgan Equity Premium Income ETF by 3.3% during the 2nd quarter. Laraway Financial Advisors Inc now owns 8,185 shares of the company’s stock worth $465,000 after acquiring an additional 260 shares during the period. Tyche Wealth Partners LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 124.2% during the 2nd quarter. Tyche Wealth Partners LLC now owns 36,142 shares of the company’s stock worth $2,055,000 after buying an additional 20,021 shares during the last quarter. Foresight Capital Management Advisors Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth about $2,577,000. Tcfg Wealth Management LLC grew its stake in JPMorgan Equity Premium Income ETF by 198.2% in the 2nd quarter. Tcfg Wealth Management LLC now owns 21,094 shares of the company’s stock valued at $1,199,000 after buying an additional 14,020 shares during the last quarter. Finally, MADDEN SECURITIES Corp raised its holdings in JPMorgan Equity Premium Income ETF by 1.1% in the 2nd quarter. MADDEN SECURITIES Corp now owns 307,785 shares of the company’s stock valued at $17,498,000 after acquiring an additional 3,410 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA JEPI opened at $56.97 on Tuesday. The stock’s fifty day moving average is $56.76 and its 200 day moving average is $56.13. The stock has a market capitalization of $41.21 billion, a P/E ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a 52 week low of $49.94 and a 52 week high of $60.88.

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.