JPMorgan Equity Premium Income ETF $JEPI Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lowered its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,512,366 shares of the company’s stock after selling 15,551 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 0.21% of JPMorgan Equity Premium Income ETF worth $86,008,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Scott Capital Advisors LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 124.4% in the 3rd quarter. Scott Capital Advisors LLC now owns 123,643 shares of the company’s stock valued at $7,037,000 after purchasing an additional 68,548 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in JPMorgan Equity Premium Income ETF by 7.6% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 214,637 shares of the company’s stock valued at $12,256,000 after buying an additional 15,186 shares during the period. Cambridge Advisors Inc. lifted its position in JPMorgan Equity Premium Income ETF by 8.8% during the third quarter. Cambridge Advisors Inc. now owns 187,501 shares of the company’s stock valued at $10,706,000 after buying an additional 15,195 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 20.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 285,816 shares of the company’s stock valued at $16,249,000 after purchasing an additional 47,712 shares in the last quarter. Finally, FAS Wealth Partners Inc. raised its position in JPMorgan Equity Premium Income ETF by 3.7% in the third quarter. FAS Wealth Partners Inc. now owns 1,534,530 shares of the company’s stock valued at $87,622,000 after purchasing an additional 54,943 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 1.1%

Shares of NYSEARCA JEPI traded down $0.64 on Tuesday, hitting $57.77. The company had a trading volume of 1,423,943 shares, compared to its average volume of 5,444,038. The firm has a market capitalization of $42.21 billion, a P/E ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 12-month low of $49.94 and a 12-month high of $59.73. The business has a 50 day moving average of $57.50 and a two-hundred day moving average of $57.06.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.