Fisher Asset Management LLC Lowers Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Fisher Asset Management LLC decreased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 33.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,655 shares of the company’s stock after selling 1,874 shares during the period. Fisher Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $218,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Salomon & Ludwin LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $25,000. HHM Wealth Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF in the second quarter worth $28,000. Running Point Capital Advisors LLC grew its stake in JPMorgan Equity Premium Income ETF by 131.2% in the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after purchasing an additional 362 shares during the period. Centerpoint Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $43,000. Finally, Brown Lisle Cummings Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 48.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after purchasing an additional 255 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 0.2 %

Shares of JEPI stock opened at $60.83 on Monday. The firm has a market cap of $35.70 billion, a P/E ratio of 24.40 and a beta of 0.53. The company has a 50 day moving average of $59.53 and a 200-day moving average of $57.95. JPMorgan Equity Premium Income ETF has a 12-month low of $54.27 and a 12-month high of $60.88.

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.