Legacy Bridge LLC Sells 10,650 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Legacy Bridge LLC cut its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 37.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,493 shares of the company’s stock after selling 10,650 shares during the period. Legacy Bridge LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,041,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in JEPI. Prospera Financial Services Inc raised its position in shares of JPMorgan Equity Premium Income ETF by 2.0% during the third quarter. Prospera Financial Services Inc now owns 440,590 shares of the company’s stock valued at $26,225,000 after buying an additional 8,584 shares during the last quarter. Whalen Wealth Management Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 87.8% in the 3rd quarter. Whalen Wealth Management Inc. now owns 68,949 shares of the company’s stock valued at $4,103,000 after acquiring an additional 32,239 shares during the last quarter. Fortis Advisors LLC lifted its stake in JPMorgan Equity Premium Income ETF by 49.3% in the 3rd quarter. Fortis Advisors LLC now owns 9,858 shares of the company’s stock worth $587,000 after purchasing an additional 3,257 shares in the last quarter. Aviance Capital Partners LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 1.1% during the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock valued at $1,030,000 after purchasing an additional 194 shares in the last quarter. Finally, Semus Wealth Partners LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 4.3% in the third quarter. Semus Wealth Partners LLC now owns 54,078 shares of the company’s stock worth $3,218,000 after purchasing an additional 2,236 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $59.43 on Tuesday. The stock has a market capitalization of $34.88 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1-year low of $54.20 and a 1-year high of $60.20. The business has a 50 day simple moving average of $59.26 and a two-hundred day simple moving average of $57.74.

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.