Cascade Investment Group Inc. Cuts Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Cascade Investment Group Inc. decreased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,934 shares of the company’s stock after selling 250 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 1.4% of Cascade Investment Group Inc.’s investment portfolio, making the stock its 15th biggest position. Cascade Investment Group Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,900,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Chicago Partners Investment Group LLC purchased a new position in JPMorgan Equity Premium Income ETF in the fourth quarter worth about $215,000. SageView Advisory Group LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 30.2% during the fourth quarter. SageView Advisory Group LLC now owns 16,136 shares of the company’s stock valued at $908,000 after acquiring an additional 3,745 shares in the last quarter. Destiny Wealth Partners LLC grew its stake in JPMorgan Equity Premium Income ETF by 5.1% in the first quarter. Destiny Wealth Partners LLC now owns 104,154 shares of the company’s stock worth $6,026,000 after purchasing an additional 5,047 shares in the last quarter. Halpern Financial Inc. grew its stake in JPMorgan Equity Premium Income ETF by 142.4% in the first quarter. Halpern Financial Inc. now owns 2,320 shares of the company’s stock worth $132,000 after purchasing an additional 1,363 shares in the last quarter. Finally, MADDEN SECURITIES Corp grew its stake in JPMorgan Equity Premium Income ETF by 2.5% in the first quarter. MADDEN SECURITIES Corp now owns 269,489 shares of the company’s stock worth $15,593,000 after purchasing an additional 6,452 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.2 %

Shares of NYSEARCA:JEPI opened at $59.57 on Wednesday. JPMorgan Equity Premium Income ETF has a 52-week low of $51.38 and a 52-week high of $59.84. The stock has a market cap of $34.96 billion, a P/E ratio of 24.40 and a beta of 0.53. The business’s 50 day moving average is $58.40 and its 200 day moving average is $57.21.

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.