Bay Colony Advisory Group Inc d b a Bay Colony Advisors Trims Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors lessened its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 4.0% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 194,889 shares of the company’s stock after selling 8,213 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 1.8% of Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings, making the stock its 12th biggest position. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in JPMorgan Equity Premium Income ETF were worth $11,598,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Salomon & Ludwin LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter worth about $25,000. HHM Wealth Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth $28,000. Larson Financial Group LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 129.8% during the first quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock worth $32,000 after buying an additional 314 shares during the period. Beaird Harris Wealth Management LLC acquired a new position in JPMorgan Equity Premium Income ETF during the first quarter valued at $38,000. Finally, Whittier Trust Co. of Nevada Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 105.2% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 716 shares of the company’s stock valued at $41,000 after buying an additional 367 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI traded up $0.26 during mid-day trading on Monday, hitting $59.49. 333,115 shares of the company were exchanged, compared to its average volume of 3,116,435. JPMorgan Equity Premium Income ETF has a 1-year low of $51.74 and a 1-year high of $59.97. The company has a 50 day moving average of $58.87 and a 200-day moving average of $57.35. The stock has a market cap of $34.91 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

About JPMorgan Equity Premium Income ETF

(Free Report)

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.

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