Walkner Condon Financial Advisors LLC Sells 21,645 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Walkner Condon Financial Advisors LLC reduced its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 17.8% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 99,920 shares of the company’s stock after selling 21,645 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for approximately 1.2% of Walkner Condon Financial Advisors LLC’s portfolio, making the stock its 22nd largest position. Walkner Condon Financial Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,709,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Valmark Advisers Inc. boosted its position in JPMorgan Equity Premium Income ETF by 30.0% during the 1st quarter. Valmark Advisers Inc. now owns 30,308 shares of the company’s stock worth $1,732,000 after buying an additional 6,989 shares during the period. Oppenheimer & Co. Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 41.1% in the first quarter. Oppenheimer & Co. Inc. now owns 233,943 shares of the company’s stock worth $13,368,000 after purchasing an additional 68,111 shares during the last quarter. Crewe Advisors LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 6.9% in the 1st quarter. Crewe Advisors LLC now owns 33,737 shares of the company’s stock worth $1,928,000 after purchasing an additional 2,172 shares during the last quarter. Continuum Advisory LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 10.6% during the 1st quarter. Continuum Advisory LLC now owns 95,990 shares of the company’s stock valued at $5,485,000 after purchasing an additional 9,212 shares during the period. Finally, Diversified Portfolios Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 1.8% during the 1st quarter. Diversified Portfolios Inc. now owns 14,107 shares of the company’s stock valued at $806,000 after acquiring an additional 249 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.0%

JEPI opened at $55.75 on Monday. The business’s fifty day simple moving average is $55.48 and its 200-day simple moving average is $57.02. JPMorgan Equity Premium Income ETF has a 12-month low of $49.94 and a 12-month high of $60.88. The company has a market capitalization of $39.68 billion, a price-to-earnings ratio of 24.45 and a beta of 0.60.

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.