Nelson Capital Management LLC Sells 3,588 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Nelson Capital Management LLC cut its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.4% during the fourth quarter, Holdings Channel reports. The firm owned 31,032 shares of the company’s stock after selling 3,588 shares during the quarter. Nelson Capital Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,785,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Salomon & Ludwin LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $25,000. Autumn Glory Partners LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 45.0% during the 3rd quarter. Autumn Glory Partners LLC now owns 29,272 shares of the company’s stock worth $1,742,000 after buying an additional 9,089 shares during the period. Orrstown Financial Services Inc. acquired a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter valued at $8,180,000. Hunter Associates Investment Management LLC increased its stake in JPMorgan Equity Premium Income ETF by 2.1% during the 3rd quarter. Hunter Associates Investment Management LLC now owns 109,504 shares of the company’s stock worth $6,515,000 after buying an additional 2,254 shares in the last quarter. Finally, Pallas Capital Advisors LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 8.6% in the third quarter. Pallas Capital Advisors LLC now owns 43,667 shares of the company’s stock valued at $2,593,000 after buying an additional 3,471 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $59.24 on Wednesday. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88. The company has a market capitalization of $39.60 billion, a P/E ratio of 25.75 and a beta of 0.61. The company has a 50 day simple moving average of $58.57 and a 200-day simple moving average of $58.92.

JPMorgan Equity Premium Income ETF Company 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.