JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stock Position Trimmed by Cobblestone Asset Management LLC

Cobblestone Asset Management LLC cut its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 23.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 116,226 shares of the company’s stock after selling 35,435 shares during the period. JPMorgan Equity Premium Income ETF makes up 4.4% of Cobblestone Asset Management LLC’s portfolio, making the stock its 8th largest holding. Cobblestone Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,686,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Salomon & Ludwin LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter worth approximately $25,000. Ulland Investment Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF in the fourth quarter worth about $31,000. Running Point Capital Advisors LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 131.2% in the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after buying an additional 362 shares in the last quarter. Missouri Trust & Investment Co grew its position in shares of JPMorgan Equity Premium Income ETF by 737.2% in the 4th quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock worth $41,000 after buying an additional 634 shares during the last quarter. Finally, Brown Lisle Cummings Inc. lifted its position in JPMorgan Equity Premium Income ETF by 48.0% during the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after acquiring an additional 255 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.1 %

Shares of JEPI opened at $59.10 on Monday. The stock has a fifty day moving average price of $58.93 and a 200-day moving average price of $58.53. JPMorgan Equity Premium Income ETF has a 12 month low of $54.77 and a 12 month high of $60.88. The firm has a market cap of $34.68 billion, a PE ratio of 24.40 and a beta of 0.53.

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.