Dunhill Financial LLC Sells 1,449 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Dunhill Financial LLC cut its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 43.8% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 1,863 shares of the company’s stock after selling 1,449 shares during the quarter. Dunhill Financial LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $106,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Marino Stram & Associates LLC boosted its position in JPMorgan Equity Premium Income ETF by 7.8% during the first quarter. Marino Stram & Associates LLC now owns 45,813 shares of the company’s stock valued at $2,618,000 after acquiring an additional 3,315 shares during the last quarter. Kingswood Wealth Advisors LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 21.3% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 129,539 shares of the company’s stock worth $7,397,000 after acquiring an additional 22,751 shares in the last quarter. MN Wealth Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at about $282,000. Mayfair Advisory Group LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 12.1% during the 1st quarter. Mayfair Advisory Group LLC now owns 187,739 shares of the company’s stock valued at $10,727,000 after purchasing an additional 20,223 shares in the last quarter. Finally, San Luis Wealth Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter valued at about $2,638,000.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $55.87 on Wednesday. The stock has a market capitalization of $39.76 billion, a P/E ratio of 24.45 and a beta of 0.60. The business has a 50 day simple moving average of $55.38 and a 200 day simple moving average of $57.13. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88.

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.