Bridgewealth Advisory Group LLC Has $7.28 Million Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Bridgewealth Advisory Group LLC trimmed its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 122,756 shares of the company’s stock after selling 13,661 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 2.1% of Bridgewealth Advisory Group LLC’s portfolio, making the stock its 18th largest position. Bridgewealth Advisory Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $7,277,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in JEPI. Morse Asset Management Inc grew its holdings in shares of JPMorgan Equity Premium Income ETF by 16.4% during the third quarter. Morse Asset Management Inc now owns 13,323 shares of the company’s stock worth $793,000 after buying an additional 1,880 shares in the last quarter. Eaton Financial Holdings Company LLC bought a new stake in JPMorgan Equity Premium Income ETF in the third quarter valued at $51,202,000. World Investment Advisors LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 48.1% during the third quarter. World Investment Advisors LLC now owns 140,665 shares of the company’s stock worth $8,371,000 after acquiring an additional 45,660 shares in the last quarter. Sfmg LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 2.9% during the third quarter. Sfmg LLC now owns 220,902 shares of the company’s stock valued at $13,146,000 after purchasing an additional 6,123 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $717,000.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $55.28 on Wednesday. The stock has a market cap of $38.27 billion, a PE ratio of 23.72 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88. The firm has a 50 day simple moving average of $56.08 and a two-hundred day simple moving average of $58.05.

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.