Souders Financial Advisors Sells 218 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Souders Financial Advisors lessened its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 15,967 shares of the company’s stock after selling 218 shares during the period. Souders Financial Advisors’ holdings in JPMorgan Equity Premium Income ETF were worth $950,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. US Bancorp DE raised its position in JPMorgan Equity Premium Income ETF by 6.2% during the 1st quarter. US Bancorp DE now owns 13,457 shares of the company’s stock valued at $779,000 after purchasing an additional 790 shares during the last quarter. Fortis Capital Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF in the first quarter valued at $258,000. Planning Directions Inc. increased its position in JPMorgan Equity Premium Income ETF by 196.0% during the 1st quarter. Planning Directions Inc. now owns 24,431 shares of the company’s stock valued at $1,414,000 after purchasing an additional 16,177 shares during the period. Midwest Professional Planners LTD. raised its holdings in JPMorgan Equity Premium Income ETF by 24.8% in the 1st quarter. Midwest Professional Planners LTD. now owns 24,955 shares of the company’s stock worth $1,444,000 after purchasing an additional 4,958 shares in the last quarter. Finally, Coho Partners Ltd. lifted its position in shares of JPMorgan Equity Premium Income ETF by 9.1% in the 1st quarter. Coho Partners Ltd. now owns 12,930 shares of the company’s stock worth $748,000 after purchasing an additional 1,079 shares during the period.

JPMorgan Equity Premium Income ETF Trading Down 0.2 %

Shares of JEPI opened at $59.97 on Wednesday. JPMorgan Equity Premium Income ETF has a 1-year low of $53.67 and a 1-year high of $60.20. The firm has a market capitalization of $35.19 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The firm’s 50-day moving average price is $59.13 and its 200-day moving average price is $57.63.

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.