Cyndeo Wealth Partners LLC Sells 516 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Cyndeo Wealth Partners LLC lessened its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,310 shares of the company’s stock after selling 516 shares during the quarter. Cyndeo Wealth Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,090,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. HHM Wealth Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $28,000. Larson Financial Group LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 129.8% during the 1st quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after acquiring an additional 314 shares during the last quarter. Morris Financial Concepts Inc. lifted its position in JPMorgan Equity Premium Income ETF by 114.1% during the first quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock valued at $36,000 after purchasing an additional 331 shares during the last quarter. Beaird Harris Wealth Management LLC purchased a new position in JPMorgan Equity Premium Income ETF in the first quarter worth $38,000. Finally, Whittier Trust Co. of Nevada Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 105.2% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 716 shares of the company’s stock worth $41,000 after buying an additional 367 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $59.90 on Monday. JPMorgan Equity Premium Income ETF has a one year low of $51.38 and a one year high of $59.97. The company has a market capitalization of $35.15 billion, a PE ratio of 24.40 and a beta of 0.53. The company’s 50 day moving average price is $58.63 and its two-hundred day moving average price is $57.27.

About JPMorgan Equity Premium Income ETF

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.