Massmutual Trust Co. FSB ADV Lowers Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Massmutual Trust Co. FSB ADV cut its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 13.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,913 shares of the company’s stock after selling 1,198 shares during the period. Massmutual Trust Co. FSB ADV’s holdings in JPMorgan Equity Premium Income ETF were worth $449,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Asset Allocation Strategies LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 3.6% during the 4th quarter. Asset Allocation Strategies LLC now owns 7,245 shares of the company’s stock worth $398,000 after acquiring an additional 253 shares in the last quarter. Global Trust Asset Management LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 146.8% during the 1st quarter. Global Trust Asset Management LLC now owns 1,513 shares of the company’s stock valued at $88,000 after purchasing an additional 900 shares during the last quarter. Mosley Wealth Management bought a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $578,000. Optimum Investment Advisors increased its position in shares of JPMorgan Equity Premium Income ETF by 331.3% during the 1st quarter. Optimum Investment Advisors now owns 1,294 shares of the company’s stock valued at $75,000 after purchasing an additional 994 shares during the last quarter. Finally, Sapient Capital LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $285,000.

JPMorgan Equity Premium Income ETF Trading Up 1.0 %

Shares of NYSEARCA JEPI traded up $0.54 during trading hours on Tuesday, hitting $55.52. 5,044,864 shares of the company traded hands, compared to its average volume of 3,323,659. The stock has a market capitalization of $32.58 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The company’s 50 day moving average price is $56.56 and its 200 day moving average price is $56.60. 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.