JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Cherry Tree Wealth Management LLC

Cherry Tree Wealth Management LLC lessened its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,480 shares of the company’s stock after selling 1,161 shares during the quarter. Cherry Tree Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,811,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Alpha Financial Partners LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 45.5% during the 3rd quarter. Alpha Financial Partners LLC now owns 59,653 shares of the company’s stock valued at $3,550,000 after acquiring an additional 18,662 shares in the last quarter. Osborne Partners Capital Management LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 42.1% during the 3rd quarter. Osborne Partners Capital Management LLC now owns 7,040 shares of the company’s stock valued at $419,000 after acquiring an additional 2,085 shares in the last quarter. Arkadios Wealth Advisors lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 14.1% during the 3rd quarter. Arkadios Wealth Advisors now owns 29,692 shares of the company’s stock valued at $1,767,000 after acquiring an additional 3,680 shares in the last quarter. Pathway Financial Advisers LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at $49,000. Finally, Consolidated Portfolio Review Corp acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at $211,000.

JPMorgan Equity Premium Income ETF Trading Down 1.0 %

NYSEARCA:JEPI opened at $59.13 on Monday. The firm has a market capitalization of $34.70 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The firm’s fifty day simple moving average is $58.57 and its 200 day simple moving average is $58.88. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month high of $60.88.

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.