SYM FINANCIAL Corp Decreases Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

SYM FINANCIAL Corp cut its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 19.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,279 shares of the company’s stock after selling 1,251 shares during the quarter. SYM FINANCIAL Corp’s holdings in JPMorgan Equity Premium Income ETF were worth $290,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in JEPI. Wealth Management Partners LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 2.0% during the 4th quarter. Wealth Management Partners LLC now owns 9,820 shares of the company’s stock worth $540,000 after acquiring an additional 195 shares in the last quarter. Perritt Capital Management Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 44.4% in the 3rd quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock valued at $35,000 after purchasing an additional 200 shares during the last quarter. Wealth Alliance boosted its position in shares of JPMorgan Equity Premium Income ETF by 5.8% in the 3rd quarter. Wealth Alliance now owns 3,930 shares of the company’s stock valued at $211,000 after purchasing an additional 214 shares during the period. Meeder Advisory Services Inc. grew its stake in JPMorgan Equity Premium Income ETF by 0.4% during the 3rd quarter. Meeder Advisory Services Inc. now owns 50,001 shares of the company’s stock worth $2,678,000 after buying an additional 217 shares during the last quarter. Finally, Resolute Wealth Strategies LLC increased its position in JPMorgan Equity Premium Income ETF by 0.9% during the fourth quarter. Resolute Wealth Strategies LLC now owns 25,415 shares of the company’s stock worth $1,397,000 after buying an additional 233 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI traded up $0.37 on Friday, reaching $56.06. The stock had a trading volume of 3,612,419 shares, compared to its average volume of 3,540,817. The stock has a market cap of $32.90 billion, a P/E ratio of 24.40 and a beta of 0.53. The business’s 50-day moving average price is $56.77 and its 200 day moving average price is $55.48. JPMorgan Equity Premium Income ETF has a 12-month low of $51.38 and a 12-month high of $57.94.

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.