JPMorgan Equity Premium Income ETF $JEPI Stake Reduced by Patten & Patten Inc. TN

Patten & Patten Inc. TN cut its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 394,432 shares of the company’s stock after selling 29,950 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 1.5% of Patten & Patten Inc. TN’s holdings, making the stock its 14th biggest position. Patten & Patten Inc. TN owned about 0.05% of JPMorgan Equity Premium Income ETF worth $22,423,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Mather Group LLC. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter worth $25,000. Bartlett & CO. Wealth Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at $25,000. Millstone Evans Group LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at $29,000. Mowery & Schoenfeld Wealth Management LLC purchased a new position in JPMorgan Equity Premium Income ETF in the 1st quarter worth about $29,000. Finally, Oliver Lagore Vanvalin Investment Group purchased a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $32,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $56.87 on Thursday. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88. The company has a 50-day moving average of $56.81 and a two-hundred day moving average of $56.11. The stock has a market cap of $41.06 billion, a price-to-earnings ratio of 23.93 and a beta of 0.62.

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.