Evermay Wealth Management LLC Decreases Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Evermay Wealth Management LLC decreased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 98,849 shares of the company’s stock after selling 4,043 shares during the period. JPMorgan Equity Premium Income ETF accounts for about 0.7% of Evermay Wealth Management LLC’s investment portfolio, making the stock its 22nd largest position. Evermay Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,620,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Mather Group LLC. bought a new position in shares of JPMorgan Equity Premium Income ETF during the 1st quarter valued at approximately $25,000. Bartlett & CO. Wealth Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth $25,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter worth $29,000. Millstone Evans Group LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter worth $29,000. Finally, Oliver Lagore Vanvalin Investment Group purchased a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at $32,000.

JPMorgan Equity Premium Income ETF Trading Up 0.6%

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.86 on Monday. The firm has a market cap of $41.02 billion, a P/E ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $60.88. The stock’s fifty day moving average price is $56.84 and its 200-day moving average price is $56.10.

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.