Brighton Jones LLC Cuts Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Brighton Jones LLC lessened its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 34.9% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,805 shares of the company’s stock after selling 3,117 shares during the period. Brighton Jones LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $329,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. LJI Wealth Management LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 10.0% in the 2nd quarter. LJI Wealth Management LLC now owns 31,261 shares of the company’s stock worth $1,772,000 after buying an additional 2,843 shares during the last quarter. Intrepid Financial Planning Group LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 26.1% in the 2nd quarter. Intrepid Financial Planning Group LLC now owns 38,361 shares of the company’s stock worth $2,174,000 after buying an additional 7,932 shares during the last quarter. SkyOak Wealth LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 3.0% in the 2nd quarter. SkyOak Wealth LLC now owns 34,052 shares of the company’s stock worth $1,930,000 after buying an additional 996 shares during the last quarter. Lokken Investment Group LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 3.2% in the 2nd quarter. Lokken Investment Group LLC now owns 19,352 shares of the company’s stock worth $1,097,000 after buying an additional 602 shares during the last quarter. Finally, Blair William & Co. IL boosted its stake in shares of JPMorgan Equity Premium Income ETF by 10.7% in the 2nd quarter. Blair William & Co. IL now owns 128,675 shares of the company’s stock worth $7,293,000 after buying an additional 12,472 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.1 %

Shares of NYSEARCA JEPI opened at $59.15 on Monday. JPMorgan Equity Premium Income ETF has a twelve month low of $51.38 and a twelve month high of $59.29. The stock’s 50 day moving average price is $57.54 and its 200-day moving average price is $56.99. The company has a market capitalization of $34.71 billion, a PE ratio of 24.40 and a beta of 0.53.

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.