Teamwork Financial Advisors LLC Decreases Position in JPMorgan Equity Premium Income ETF $JEPI

Teamwork Financial Advisors LLC reduced its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 46.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 490,348 shares of the company’s stock after selling 417,591 shares during the quarter. JPMorgan Equity Premium Income ETF comprises 2.9% of Teamwork Financial Advisors LLC’s holdings, making the stock its 6th biggest position. Teamwork Financial Advisors LLC owned 0.07% of JPMorgan Equity Premium Income ETF worth $27,997,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of JEPI. Brighton Jones LLC acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $402,000. Russell Investments Group Ltd. raised its position in shares of JPMorgan Equity Premium Income ETF by 201.9% during the 1st quarter. Russell Investments Group Ltd. now owns 1,129 shares of the company’s stock valued at $64,000 after acquiring an additional 755 shares during the last quarter. Level Four Advisory Services LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 3.0% in the 1st quarter. Level Four Advisory Services LLC now owns 44,984 shares of the company’s stock valued at $2,570,000 after purchasing an additional 1,301 shares during the period. CW Advisors LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 474.8% in the 1st quarter. CW Advisors LLC now owns 66,277 shares of the company’s stock worth $3,803,000 after purchasing an additional 54,747 shares during the last quarter. Finally, Integras Partners LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 16.0% during the first quarter. Integras Partners LLC now owns 38,045 shares of the company’s stock worth $2,174,000 after purchasing an additional 5,250 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.3%

NYSEARCA JEPI opened at $57.41 on Friday. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $59.73. The stock has a 50-day simple moving average of $57.03 and a 200 day simple moving average of $56.78. The company has a market capitalization of $41.09 billion, a PE ratio of 23.93 and a beta of 0.60.

JPMorgan Equity Premium Income ETF Company 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.