BTS Asset Management Inc. Has $600,000 Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

BTS Asset Management Inc. trimmed its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 10,433 shares of the company’s stock after selling 804 shares during the period. JPMorgan Equity Premium Income ETF makes up about 0.6% of BTS Asset Management Inc.’s investment portfolio, making the stock its 10th largest position. BTS Asset Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $600,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Mattern Wealth Management LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 2.2% in the third quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock worth $480,000 after buying an additional 174 shares during the period. Empirical Asset Management LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 4.0% in the 3rd quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock worth $278,000 after buying an additional 179 shares during the last quarter. Aviance Capital Partners LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 1.1% in the 3rd quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock worth $1,030,000 after purchasing an additional 194 shares during the last quarter. Fortis Advisors LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 2.0% in the fourth quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock worth $578,000 after buying an additional 196 shares in the last quarter. Finally, Hudock Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 4.5% during the third quarter. Hudock Inc. now owns 4,608 shares of the company’s stock valued at $274,000 after buying an additional 199 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $58.50 on Friday. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88. The firm has a market capitalization of $34.33 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The business has a fifty day moving average price of $59.02 and a 200-day moving average price of $58.41.

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.