Acorn Wealth Advisors LLC Sells 813 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Acorn Wealth Advisors LLC cut its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 46,468 shares of the company’s stock after selling 813 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 1.1% of Acorn Wealth Advisors LLC’s investment portfolio, making the stock its 21st largest position. Acorn Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,673,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Clarity Wealth Advisors LLC grew its position in JPMorgan Equity Premium Income ETF by 0.7% during the fourth quarter. Clarity Wealth Advisors LLC now owns 55,688 shares of the company’s stock valued at $3,204,000 after acquiring an additional 401 shares during the last quarter. Tandem Financial LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at $757,000. Citigroup Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 51.8% during the 3rd quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock valued at $8,797,000 after purchasing an additional 50,459 shares during the last quarter. Accurate Wealth Management LLC purchased a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth $215,000. Finally, Cornerstone Wealth Group LLC raised its position in JPMorgan Equity Premium Income ETF by 1.7% in the 3rd quarter. Cornerstone Wealth Group LLC now owns 75,109 shares of the company’s stock worth $4,470,000 after purchasing an additional 1,235 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.1 %

NYSEARCA JEPI opened at $59.10 on Tuesday. The company has a 50-day simple moving average of $58.56 and a two-hundred day simple moving average of $58.90. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month high of $60.88. The firm has a market cap of $34.68 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.

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.