Perigon Wealth Management LLC Has $3.99 Million Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Perigon Wealth Management LLC cut its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 68,450 shares of the company’s stock after selling 436 shares during the period. Perigon Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,987,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Heritage Wealth Management Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at about $978,000. Citigroup Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 51.8% in the 3rd quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock worth $8,797,000 after acquiring an additional 50,459 shares during the period. Summit Wealth Partners LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 1.3% during the 2nd quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock worth $4,360,000 after purchasing an additional 957 shares in the last quarter. Newbridge Financial Services Group Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 106.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 57,886 shares of the company’s stock valued at $3,281,000 after purchasing an additional 29,879 shares during the period. Finally, Brown Financial Advisors acquired a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at $3,263,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock opened at $58.98 on Wednesday. The stock has a market cap of $34.61 billion, a P/E ratio of 24.40 and a beta of 0.53. The stock has a fifty day moving average price of $58.91 and a 200 day moving average price of $58.57. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88.

JPMorgan Equity Premium Income ETF 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.