NBC Securities Inc. Sells 3,436 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

NBC Securities Inc. reduced its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.6% during the 1st quarter, HoldingsChannel.com reports. The firm owned 29,132 shares of the company’s stock after selling 3,436 shares during the quarter. NBC Securities Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,685,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Asset Allocation Strategies LLC boosted 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 buying an additional 253 shares in the last quarter. Mosley Wealth Management bought a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $578,000. Sapient Capital LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $285,000. Napa Wealth Management bought a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $1,254,000. Finally, WNY Asset Management LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 36.3% during the 4th quarter. WNY Asset Management LLC now owns 224,379 shares of the company’s stock worth $12,336,000 after buying an additional 59,752 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock opened at $56.37 on Thursday. The stock has a market capitalization of $33.08 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52-week low of $51.38 and a 52-week high of $57.94. The stock’s 50 day moving average price is $56.47 and its two-hundred day moving average price is $56.21.

JPMorgan Equity Premium Income ETF 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.