JPMorgan Equity Premium Income ETF $JEPI Shares Sold by Brighton Jones LLC

Brighton Jones LLC trimmed its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 57.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,441 shares of the company’s stock after selling 9,981 shares during the quarter. Brighton Jones LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $425,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Geneos Wealth Management Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 20.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 285,816 shares of the company’s stock valued at $16,249,000 after buying an additional 47,712 shares during the last quarter. Coastline Trust Co lifted its position in JPMorgan Equity Premium Income ETF by 14.0% in the second quarter. Coastline Trust Co now owns 1,981 shares of the company’s stock valued at $113,000 after acquiring an additional 243 shares during the last quarter. Cooper Financial Group boosted its stake in JPMorgan Equity Premium Income ETF by 3.9% in the third quarter. Cooper Financial Group now owns 423,502 shares of the company’s stock valued at $24,182,000 after acquiring an additional 15,888 shares in the last quarter. Fermata Advisors LLC boosted its stake in JPMorgan Equity Premium Income ETF by 5.9% in the third quarter. Fermata Advisors LLC now owns 229,595 shares of the company’s stock valued at $13,110,000 after acquiring an additional 12,699 shares in the last quarter. Finally, Grandview Asset Management LLC increased its position in JPMorgan Equity Premium Income ETF by 8.6% in the 2nd quarter. Grandview Asset Management LLC now owns 14,976 shares of the company’s stock valued at $851,000 after acquiring an additional 1,181 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $58.02 on Friday. JPMorgan Equity Premium Income ETF has a 1-year low of $49.94 and a 1-year high of $59.73. The company has a market cap of $41.53 billion, a PE ratio of 23.93 and a beta of 0.60. The stock has a fifty day moving average price of $57.18 and a 200 day moving average price of $56.87.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.