Evolution Wealth Advisors LLC Sells 37,881 Shares of JPMorgan Equity Premium Income ETF $JEPI

Evolution Wealth Advisors LLC lessened its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 64.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 20,577 shares of the company’s stock after selling 37,881 shares during the period. Evolution Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,170,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth about $402,000. M&T Bank Corp bought a new position in JPMorgan Equity Premium Income ETF during the 1st quarter valued at approximately $248,000. Signaturefd LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 13.9% in the 1st quarter. Signaturefd LLC now owns 9,807 shares of the company’s stock worth $560,000 after buying an additional 1,200 shares during the period. Whittier Trust Co. of Nevada Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 198.4% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 1,504 shares of the company’s stock worth $86,000 after buying an additional 1,000 shares during the last quarter. Finally, Mayflower Financial Advisors LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 3.8% in the 1st quarter. Mayflower Financial Advisors LLC now owns 32,670 shares of the company’s stock worth $1,867,000 after buying an additional 1,195 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.7%

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.86 on Friday. The company has a market cap of $40.70 billion, a PE ratio of 23.93 and a beta of 0.60. The business has a 50 day moving average of $56.88 and a 200 day moving average of $56.53. JPMorgan Equity Premium Income ETF has a 52 week low of $49.94 and a 52 week 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.