First Heartland Consultants Inc. Decreases Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

First Heartland Consultants Inc. lowered its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 24,131 shares of the company’s stock after selling 1,297 shares during the period. First Heartland Consultants Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,388,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in JEPI. Potentia Wealth purchased a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter worth $447,000. Florida Financial Advisors LLC raised its holdings in JPMorgan Equity Premium Income ETF by 54.3% in the 4th quarter. Florida Financial Advisors LLC now owns 7,014 shares of the company’s stock worth $404,000 after purchasing an additional 2,468 shares in the last quarter. US Bancorp DE raised its holdings in JPMorgan Equity Premium Income ETF by 28.0% in the 4th quarter. US Bancorp DE now owns 28,673 shares of the company’s stock worth $1,650,000 after purchasing an additional 6,273 shares in the last quarter. Clarity Wealth Advisors LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 0.7% in the 4th quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock worth $3,204,000 after purchasing an additional 401 shares during the period. Finally, O Shaughnessy Asset Management LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 15.8% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 3,439 shares of the company’s stock valued at $198,000 after purchasing an additional 470 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $56.30 on Wednesday. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $60.88. The stock has a market capitalization of $39.78 billion, a P/E ratio of 24.55 and a beta of 0.61. The company’s 50-day moving average is $55.36 and its 200 day moving average is $57.68.

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.