SYM FINANCIAL Corp Trims Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

SYM FINANCIAL Corp decreased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 74.3% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 1,356 shares of the company’s stock after selling 3,923 shares during the period. SYM FINANCIAL Corp’s holdings in JPMorgan Equity Premium Income ETF were worth $78,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Asset Allocation Strategies LLC raised its stake in JPMorgan Equity Premium Income ETF by 3.6% during the fourth quarter. Asset Allocation Strategies LLC now owns 7,245 shares of the company’s stock worth $398,000 after purchasing an additional 253 shares during the period. Global Trust Asset Management LLC raised its stake in JPMorgan Equity Premium Income ETF by 146.8% during the first quarter. Global Trust Asset Management LLC now owns 1,513 shares of the company’s stock worth $88,000 after purchasing an additional 900 shares during the period. Mosley Wealth Management purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $578,000. Optimum Investment Advisors raised its stake in JPMorgan Equity Premium Income ETF by 331.3% during the first quarter. Optimum Investment Advisors now owns 1,294 shares of the company’s stock worth $75,000 after purchasing an additional 994 shares during the period. Finally, Sapient Capital LLC purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $285,000.

JPMorgan Equity Premium Income ETF Stock Up 0.6 %

Shares of JEPI stock traded up $0.33 during mid-day trading on Friday, reaching $56.97. The company’s stock had a trading volume of 1,903,436 shares, compared to its average volume of 3,253,895. The company’s 50 day simple moving average is $56.62 and its 200-day simple moving average is $56.38. JPMorgan Equity Premium Income ETF has a 12-month low of $51.38 and a 12-month high of $57.94. The firm has a market capitalization of $33.43 billion, a PE ratio of 24.40 and a beta of 0.53.

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.