Evolution Wealth Advisors LLC Has $3.25 Million Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Evolution Wealth Advisors LLC reduced its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 54,537 shares of the company’s stock after selling 3,243 shares during the quarter. Evolution Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,245,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Northeast Financial Group Inc. increased its position in JPMorgan Equity Premium Income ETF by 71.3% during the 3rd quarter. Northeast Financial Group Inc. now owns 184,313 shares of the company’s stock worth $10,968,000 after buying an additional 76,721 shares during the period. Coastline Trust Co acquired a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at about $103,000. Insight 2811 Inc. increased its position in JPMorgan Equity Premium Income ETF by 6.2% during the third quarter. Insight 2811 Inc. now owns 4,660 shares of the company’s stock worth $277,000 after acquiring an additional 270 shares during the period. Archer Investment Corp increased its position in JPMorgan Equity Premium Income ETF by 102.5% during the third quarter. Archer Investment Corp now owns 64,130 shares of the company’s stock worth $3,816,000 after acquiring an additional 32,454 shares during the period. Finally, Signature Estate & Investment Advisors LLC raised its stake in JPMorgan Equity Premium Income ETF by 18.5% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 45,783 shares of the company’s stock worth $2,725,000 after purchasing an additional 7,137 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.9 %

NYSEARCA JEPI opened at $59.27 on Friday. JPMorgan Equity Premium Income ETF has a 12-month low of $54.17 and a 12-month high of $60.20. The firm has a 50-day moving average price of $59.23 and a two-hundred day moving average price of $57.68. The company has a market capitalization of $34.78 billion, a P/E ratio of 24.40 and a beta of 0.53.

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.