FWG Holdings LLC Sells 1,970 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

FWG Holdings LLC trimmed its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,554 shares of the company’s stock after selling 1,970 shares during the quarter. JPMorgan Equity Premium Income ETF makes up approximately 0.7% of FWG Holdings LLC’s holdings, making the stock its 25th biggest position. FWG Holdings LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,339,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Salomon & Ludwin LLC bought a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $25,000. HHM Wealth Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at approximately $28,000. Beaird Harris Wealth Management LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 1st quarter valued at approximately $38,000. Centerpoint Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at approximately $43,000. Finally, Brown Lisle Cummings Inc. boosted its position 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 valued at $47,000 after acquiring an additional 255 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $59.43 on Tuesday. The company has a market capitalization of $34.88 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a one year low of $54.20 and a one year high of $60.20. The stock has a 50 day moving average price of $59.26 and a 200-day moving average price of $57.74.

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.