JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC reduced its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 20.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 22,628 shares of the company’s stock after selling 5,682 shares during the period. Strategic Financial Concepts LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,302,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Mattern Wealth Management LLC grew its holdings in JPMorgan Equity Premium Income ETF by 2.2% during the third quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock worth $480,000 after acquiring an additional 174 shares during the period. Consolidated Planning Corp raised its position in JPMorgan Equity Premium Income ETF by 0.5% during the fourth quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock valued at $1,931,000 after buying an additional 179 shares during the period. Landmark Wealth Management LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 5.1% in the fourth quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock worth $221,000 after purchasing an additional 185 shares in the last quarter. Aviance Capital Partners LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 1.1% during the 3rd quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock valued at $1,030,000 after buying an additional 194 shares during the period. Finally, Fortis Advisors LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 2.0% in the 4th quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock valued at $578,000 after buying an additional 196 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $59.35 on Wednesday. The business has a 50 day moving average price of $58.57 and a 200 day moving average price of $58.79. The firm has a market cap of $34.83 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month 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.