Stockman Wealth Management Inc. Trims Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Stockman Wealth Management Inc. lessened its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 11.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,028 shares of the company’s stock after selling 923 shares during the period. Stockman Wealth Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $386,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Janiczek Wealth Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at about $30,000. Perritt Capital Management Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 44.4% in the third quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock valued at $35,000 after purchasing an additional 200 shares in the last quarter. Albion Financial Group UT lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 8,375.0% in the third quarter. Albion Financial Group UT now owns 678 shares of the company’s stock valued at $36,000 after purchasing an additional 670 shares in the last quarter. BOK Financial Private Wealth Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 400.0% in the fourth quarter. BOK Financial Private Wealth Inc. now owns 750 shares of the company’s stock valued at $42,000 after purchasing an additional 600 shares in the last quarter. Finally, Roble Belko & Company Inc purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $42,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI traded up $0.46 on Monday, hitting $55.91. The company’s stock had a trading volume of 3,115,892 shares, compared to its average volume of 3,594,464. The stock has a 50 day moving average of $56.82 and a 200-day moving average of $55.34. The company has a market capitalization of $32.75 billion, a price-to-earnings ratio of 24.51 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 12-month low of $51.38 and a 12-month high of $57.94.

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.