Cascades Capital Asset Management LLC Sells 1,801 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Cascades Capital Asset Management LLC lessened its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 16.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,153 shares of the company’s stock after selling 1,801 shares during the period. Cascades Capital Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $527,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in JEPI. Bank of Jackson Hole Trust bought a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $28,000. Duncker Streett & Co. Inc. acquired a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $28,000. Ulland Investment Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $31,000. Crowley Wealth Management Inc. acquired a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $32,000. Finally, Creative Capital Management Investments LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $32,000.

JPMorgan Equity Premium Income ETF Trading Down 5.6 %

JPMorgan Equity Premium Income ETF stock opened at $52.14 on Friday. The company has a market capitalization of $35.99 billion, a price-to-earnings ratio of 24.88 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a 12 month low of $52.10 and a 12 month high of $60.88. The stock’s 50 day moving average is $58.09 and its 200-day moving average is $58.76.

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.