ADG Wealth Management Group LLC Decreases Stock Position in JPMorgan Equity Premium Income ETF $JEPI

ADG Wealth Management Group LLC cut its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.0% during the second quarter, Holdings Channel reports. The fund owned 166,322 shares of the company’s stock after selling 8,672 shares during the period. JPMorgan Equity Premium Income ETF makes up about 8.0% of ADG Wealth Management Group LLC’s portfolio, making the stock its 4th biggest position. ADG Wealth Management Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $9,455,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Mather Group LLC. bought a new stake in JPMorgan Equity Premium Income ETF during the 1st quarter worth approximately $25,000. Bartlett & CO. Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at $25,000. GHP Investment Advisors Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at $25,000. Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at $29,000. Finally, Millstone Evans Group LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at $29,000.

JPMorgan Equity Premium Income ETF Stock Down 0.9%

JEPI stock opened at $56.39 on Tuesday. The business’s fifty day moving average is $56.93 and its 200-day moving average is $56.42. The company has a market cap of $40.37 billion, a P/E ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month high of $60.88.

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.