Johnson Bixby & Associates LLC Sells 4,345 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Johnson Bixby & Associates LLC trimmed its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 36.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 7,442 shares of the company’s stock after selling 4,345 shares during the period. Johnson Bixby & Associates LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $428,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of JEPI. Salomon & Ludwin LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter worth approximately $25,000. Ulland Investment Advisors LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth $31,000. Running Point Capital Advisors LLC increased its position in JPMorgan Equity Premium Income ETF by 131.2% during the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after acquiring an additional 362 shares during the last quarter. Missouri Trust & Investment Co increased its position in shares of JPMorgan Equity Premium Income ETF by 737.2% during the 4th quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock valued at $41,000 after purchasing an additional 634 shares during the last quarter. Finally, Brown Lisle Cummings Inc. grew its position in JPMorgan Equity Premium Income ETF by 48.0% during the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after buying an additional 255 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $59.14 on Friday. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88. The company’s fifty day simple moving average is $58.93 and its 200-day simple moving average is $58.48. The stock has a market capitalization of $34.71 billion, a PE ratio of 24.40 and a beta of 0.53.

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.