Wealthcare Advisory Partners LLC Trims Position in JPMorgan Equity Premium Income ETF $JEPI

Wealthcare Advisory Partners LLC decreased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 42.4% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 240,849 shares of the company’s stock after selling 176,948 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $13,603,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Decker Retirement Planning Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 231.2% during the 4th quarter. Decker Retirement Planning Inc. now owns 83,279 shares of the company’s stock valued at $4,767,000 after buying an additional 58,137 shares during the period. Wagner Wealth Management LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 7.5% during the 4th quarter. Wagner Wealth Management LLC now owns 449,273 shares of the company’s stock worth $25,716,000 after buying an additional 31,510 shares during the last quarter. Brighton Jones LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 1,613.9% in the 4th quarter. Brighton Jones LLC now owns 127,528 shares of the company’s stock worth $7,300,000 after buying an additional 120,087 shares during the period. Nottingham Advisors Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 21.6% in the first quarter. Nottingham Advisors Inc. now owns 816,880 shares of the company’s stock valued at $46,301,000 after acquiring an additional 144,966 shares during the last quarter. Finally, FSA Advisors Inc. acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at $1,055,000.

JPMorgan Equity Premium Income ETF Trading Up 0.1%

JEPI stock opened at $57.64 on Tuesday. The stock has a 50-day moving average price of $56.50 and a two-hundred day moving average price of $57.18. JPMorgan Equity Premium Income ETF has a 12-month low of $55.10 and a 12-month high of $59.90. The company has a market cap of $45.97 billion, a PE ratio of 23.93 and a beta of 0.53.

About JPMorgan Equity Premium Income ETF

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.