Ellis Investment Partners LLC Sells 27,681 Shares of JPMorgan Equity Premium Income ETF $JEPI

Ellis Investment Partners LLC reduced its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 13.8% during the 2nd quarter, HoldingsChannel reports. The fund owned 173,455 shares of the company’s stock after selling 27,681 shares during the period. JPMorgan Equity Premium Income ETF accounts for about 1.9% of Ellis Investment Partners LLC’s holdings, making the stock its 12th largest position. Ellis Investment Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $9,861,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Mattern Wealth Management LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 1.8% during the second quarter. Mattern Wealth Management LLC now owns 10,082 shares of the company’s stock valued at $573,000 after buying an additional 178 shares during the period. Highline Wealth Partners LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 13.5% during the second quarter. Highline Wealth Partners LLC now owns 1,518 shares of the company’s stock valued at $86,000 after buying an additional 180 shares during the period. Solutions 4 Wealth Ltd boosted its position in shares of JPMorgan Equity Premium Income ETF by 1.2% during the first quarter. Solutions 4 Wealth Ltd now owns 15,441 shares of the company’s stock valued at $882,000 after buying an additional 183 shares during the period. SimpliFi Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 2.6% during the second quarter. SimpliFi Inc. now owns 7,345 shares of the company’s stock valued at $418,000 after buying an additional 186 shares during the period. Finally, Summit Wealth & Retirement Planning Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 4.0% during the first quarter. Summit Wealth & Retirement Planning Inc. now owns 4,900 shares of the company’s stock valued at $280,000 after buying an additional 190 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $56.00 on Monday. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $60.88. The business has a 50 day simple moving average of $56.77 and a two-hundred day simple moving average of $56.10. The firm has a market capitalization of $40.52 billion, a PE ratio of 23.93 and a beta of 0.62.

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.