Mattson Financial Services LLC Lowers Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Mattson Financial Services LLC cut its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.7% during the third quarter, HoldingsChannel.com reports. The fund owned 32,256 shares of the company’s stock after selling 216 shares during the quarter. Mattson Financial Services LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,828,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of JEPI. Park Place Capital Corp purchased a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter valued at $392,000. Legacy Private Trust Co. grew its position in JPMorgan Equity Premium Income ETF by 7.4% in the 3rd quarter. Legacy Private Trust Co. now owns 142,172 shares of the company’s stock valued at $8,461,000 after buying an additional 9,760 shares during the last quarter. Marion Wealth Management grew its position in JPMorgan Equity Premium Income ETF by 11.8% in the 3rd quarter. Marion Wealth Management now owns 18,321 shares of the company’s stock valued at $1,090,000 after buying an additional 1,930 shares during the last quarter. Advance Capital Management Inc. grew its position in JPMorgan Equity Premium Income ETF by 5.1% in the 3rd quarter. Advance Capital Management Inc. now owns 335,653 shares of the company’s stock valued at $19,975,000 after buying an additional 16,329 shares during the last quarter. Finally, Williams & Novak LLC grew its position in JPMorgan Equity Premium Income ETF by 50.2% in the 3rd quarter. Williams & Novak LLC now owns 9,294 shares of the company’s stock valued at $553,000 after buying an additional 3,105 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $58.99 on Wednesday. The firm’s fifty day moving average price is $58.09 and its 200 day moving average price is $57.15. JPMorgan Equity Premium Income ETF has a 1-year low of $51.38 and a 1-year high of $59.58. The firm has a market cap of $34.61 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.