Principle Wealth Partners LLC lowered its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 14.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 95,255 shares of the company’s stock after selling 16,487 shares during the period. Principle Wealth Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,452,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in the company. Wealth Effects LLC boosted its position in JPMorgan Equity Premium Income ETF by 0.6% during the 4th quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock valued at $1,809,000 after buying an additional 173 shares during the period. WESPAC Advisors SoCal LLC boosted its position in JPMorgan Equity Premium Income ETF by 4.3% during the 4th quarter. WESPAC Advisors SoCal LLC now owns 4,178 shares of the company’s stock valued at $239,000 after buying an additional 174 shares during the period. Aspen Wealth Strategies LLC boosted its position in JPMorgan Equity Premium Income ETF by 4.5% during the 4th quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock valued at $231,000 after buying an additional 174 shares during the period. Morey & Quinn Wealth Partners LLC boosted its position in JPMorgan Equity Premium Income ETF by 4.9% during the 4th quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock valued at $213,000 after buying an additional 175 shares during the period. Finally, Hurley Capital LLC boosted its position in JPMorgan Equity Premium Income ETF by 2.0% during the 3rd quarter. Hurley Capital LLC now owns 9,098 shares of the company’s stock valued at $519,000 after buying an additional 177 shares during the period.
JPMorgan Equity Premium Income ETF Stock Up 0.4%
Shares of JEPI opened at $56.33 on Friday. The stock has a market capitalization of $44.63 billion, a P/E ratio of 23.93 and a beta of 0.56. The firm has a fifty day simple moving average of $56.79 and a two-hundred day simple moving average of $57.55. JPMorgan Equity Premium Income ETF has a twelve month low of $55.15 and a twelve month high of $59.90.
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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.
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