Avior Wealth Management LLC Lowers Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Avior Wealth Management LLC trimmed its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 37.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 9,615 shares of the company’s stock after selling 5,658 shares during the quarter. Avior Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $529,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in JEPI. Morgan Stanley boosted its position in JPMorgan Equity Premium Income ETF by 12.1% in the third quarter. Morgan Stanley now owns 32,695,948 shares of the company’s stock worth $1,751,195,000 after purchasing an additional 3,531,562 shares during the last quarter. International Assets Investment Management LLC bought a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $647,943,000. Moneta Group Investment Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter worth $460,136,000. Royal Bank of Canada boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 15.3% during the 3rd quarter. Royal Bank of Canada now owns 6,937,583 shares of the company’s stock valued at $371,576,000 after purchasing an additional 922,303 shares during the last quarter. Finally, UBS Group AG grew its position in shares of JPMorgan Equity Premium Income ETF by 21.5% during the third quarter. UBS Group AG now owns 5,795,557 shares of the company’s stock valued at $310,410,000 after purchasing an additional 1,024,956 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.2 %

Shares of JPMorgan Equity Premium Income ETF stock opened at $55.47 on Friday. The firm has a market cap of $32.49 billion, a PE ratio of 24.51 and a beta of 0.54. The stock has a 50 day moving average of $56.84 and a 200 day moving average of $55.27. JPMorgan Equity Premium Income ETF has a 12 month low of $51.38 and a 12 month high of $57.94.

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.