Rooted Wealth Advisors Inc. Sells 44,990 Shares of JPMorgan Equity Premium Income ETF $JEPI

Rooted Wealth Advisors Inc. lowered its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 19.9% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 181,449 shares of the company’s stock after selling 44,990 shares during the quarter. JPMorgan Equity Premium Income ETF comprises about 2.6% of Rooted Wealth Advisors Inc.’s portfolio, making the stock its 10th largest position. Rooted Wealth Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $10,480,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Walled Lake Planning & Wealth Management LLC grew its holdings in JPMorgan Equity Premium Income ETF by 2.7% during the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 6,449 shares of the company’s stock worth $369,000 after acquiring an additional 171 shares during the period. Wealth Effects LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 0.6% during the 4th quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock worth $1,809,000 after purchasing an additional 173 shares during the last quarter. WESPAC Advisors SoCal LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 4.3% in the fourth quarter. WESPAC Advisors SoCal LLC now owns 4,178 shares of the company’s stock valued at $239,000 after acquiring an additional 174 shares in the last quarter. Aspen Wealth Strategies LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 4.5% during the fourth quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock worth $231,000 after buying an additional 174 shares in the last quarter. Finally, Morey & Quinn Wealth Partners LLC grew its stake in JPMorgan Equity Premium Income ETF by 4.9% during the 4th quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock valued at $213,000 after acquiring an additional 175 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.2%

Shares of JEPI opened at $56.16 on Friday. The firm has a market capitalization of $44.50 billion, a P/E ratio of 23.93 and a beta of 0.54. The firm has a 50-day moving average price of $56.31 and a 200 day moving average price of $57.38. JPMorgan Equity Premium Income ETF has a 12-month low of $55.10 and a 12-month high of $59.90.

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.