Marion Wealth Management Sells 1,294 Shares of JPMorgan Equity Premium Income ETF $JEPI

Marion Wealth Management cut its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,013 shares of the company’s stock after selling 1,294 shares during the period. Marion Wealth Management’s holdings in JPMorgan Equity Premium Income ETF were worth $1,024,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. Kingstone Capital Partners Texas LLC grew its position in JPMorgan Equity Premium Income ETF by 387,324.3% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock worth $22,736,908,000 after acquiring an additional 401,771,477 shares during the last quarter. JPMorgan Chase & Co. grew its position in JPMorgan Equity Premium Income ETF by 35.9% during the 1st quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock worth $1,609,887,000 after acquiring an additional 7,443,750 shares during the last quarter. Envestnet Asset Management Inc. grew its position in JPMorgan Equity Premium Income ETF by 17.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 8,939,325 shares of the company’s stock worth $508,201,000 after acquiring an additional 1,327,996 shares during the last quarter. Royal Bank of Canada grew its position in JPMorgan Equity Premium Income ETF by 10.5% during the 1st quarter. Royal Bank of Canada now owns 8,119,139 shares of the company’s stock worth $463,927,000 after acquiring an additional 772,858 shares during the last quarter. Finally, Nationwide Fund Advisors bought a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $396,998,000.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $56.39 on Tuesday. The firm has a market cap of $40.37 billion, a PE ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88. The stock’s 50 day simple moving average is $56.93 and its 200 day simple moving average is $56.42.

JPMorgan Equity Premium Income ETF Company 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.