Procyon Advisors LLC Has $4.81 Million Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Procyon Advisors LLC cut its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 13.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 83,534 shares of the company’s stock after selling 13,033 shares during the period. Procyon Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,806,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in JEPI. Salomon & Ludwin LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at about $25,000. Running Point Capital Advisors LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 131.2% during the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after buying an additional 362 shares in the last quarter. Brown Lisle Cummings Inc. boosted its stake in shares of JPMorgan Equity Premium Income ETF by 48.0% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after buying an additional 255 shares during the last quarter. Pathway Financial Advisers LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $49,000. Finally, Abound Wealth Management boosted its position in JPMorgan Equity Premium Income ETF by 1,320.8% in the fourth quarter. Abound Wealth Management now owns 1,094 shares of the company’s stock worth $63,000 after purchasing an additional 1,017 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.4 %

JEPI opened at $58.25 on Friday. The company’s 50-day moving average price is $59.05 and its two-hundred day moving average price is $58.39. JPMorgan Equity Premium Income ETF has a twelve month low of $54.72 and a twelve month high of $60.88. The stock has a market cap of $34.18 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

JPMorgan Equity Premium Income ETF 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.