Johnson Bixby & Associates LLC Sells 344 Shares of JPMorgan Equity Premium Income ETF $JEPI

Johnson Bixby & Associates LLC cut its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,844 shares of the company’s stock after selling 344 shares during the period. Johnson Bixby & Associates LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $332,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC grew its position in JPMorgan Equity Premium Income ETF by 387,324.3% in the second quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock worth $22,736,908,000 after acquiring an additional 401,771,477 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 35.9% in the 1st quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock valued at $1,609,887,000 after purchasing an additional 7,443,750 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 6,084.5% in the 1st quarter. GAMMA Investing LLC now owns 7,460,484 shares of the company’s stock valued at $426,292,000 after purchasing an additional 7,339,853 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 14.9% in the 1st quarter. Raymond James Financial Inc. now owns 6,435,593 shares of the company’s stock worth $367,730,000 after purchasing an additional 833,285 shares during the period. Finally, Commonwealth Equity Services LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 18.9% during the 1st quarter. Commonwealth Equity Services LLC now owns 4,903,295 shares of the company’s stock valued at $280,174,000 after purchasing an additional 778,433 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $56.94 on Friday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $60.88. The firm has a market capitalization of $41.09 billion, a PE ratio of 23.93 and a beta of 0.62. The stock’s fifty day moving average is $56.78 and its 200 day moving average is $56.14.

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.