JPMorgan Equity Premium Income ETF $JEPI Shares Sold by St. Clair Advisors LLC

St. Clair Advisors LLC cut its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 11.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 261,990 shares of the company’s stock after selling 34,977 shares during the quarter. JPMorgan Equity Premium Income ETF comprises 4.0% of St. Clair Advisors LLC’s portfolio, making the stock its 6th largest position. St. Clair Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $14,960,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bartlett & CO. Wealth Management LLC acquired a new position in JPMorgan Equity Premium Income ETF in the second quarter valued at about $25,000. GHP Investment Advisors Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth about $25,000. Clarity Asset Management Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $25,000. Pin Oak Investment Advisors Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 73.6% in the 2nd quarter. Pin Oak Investment Advisors Inc. now owns 500 shares of the company’s stock valued at $28,000 after acquiring an additional 212 shares during the period. Finally, Asset Dedication LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at approximately $28,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA JEPI opened at $57.77 on Tuesday. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $59.73. The stock has a market cap of $41.35 billion, a P/E ratio of 23.93 and a beta of 0.60. The firm has a 50 day moving average price of $57.00 and a 200 day moving average price of $56.76.

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.