RFG Advisory LLC Reduces Position in JPMorgan Equity Premium Income ETF $JEPI

RFG Advisory LLC decreased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 35.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 71,955 shares of the company’s stock after selling 38,819 shares during the period. RFG Advisory LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,064,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Walled Lake Planning & Wealth Management LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 2.7% in the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 6,449 shares of the company’s stock valued at $369,000 after purchasing an additional 171 shares in the last quarter. 3Chopt Investment Partners LLC boosted its stake in JPMorgan Equity Premium Income ETF by 9.0% during the first quarter. 3Chopt Investment Partners LLC now owns 2,143 shares of the company’s stock worth $121,000 after buying an additional 177 shares during the last quarter. Etesian Wealth Advisors Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 0.5% during the fourth quarter. Etesian Wealth Advisors Inc. now owns 35,397 shares of the company’s stock worth $2,026,000 after buying an additional 180 shares during the last quarter. Fortis Advisors LLC grew its holdings in JPMorgan Equity Premium Income ETF by 1.9% in the 4th quarter. Fortis Advisors LLC now owns 10,027 shares of the company’s stock valued at $574,000 after buying an additional 188 shares in the last quarter. Finally, Blue Chip Partners LLC grew its holdings in JPMorgan Equity Premium Income ETF by 1.2% in the 2nd quarter. Blue Chip Partners LLC now owns 16,355 shares of the company’s stock valued at $930,000 after buying an additional 192 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.6%

Shares of JEPI opened at $56.54 on Thursday. JPMorgan Equity Premium Income ETF has a 52-week low of $55.10 and a 52-week high of $59.90. The stock has a fifty day simple moving average of $57.25 and a two-hundred day simple moving average of $57.00. The company has a market capitalization of $45.10 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.