JPMorgan Equity Premium Income ETF $JEPI Shares Sold by Private Wealth Partners LLC

Private Wealth Partners LLC reduced its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 20.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 53,521 shares of the company’s stock after selling 13,397 shares during the period. Private Wealth Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,056,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Brighton Jones LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter worth about $402,000. AQR Capital Management LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 28.1% during the 1st quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock worth $4,845,000 after acquiring an additional 18,619 shares during the period. Goldman Sachs Group Inc. purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at approximately $847,000. Bartlett & CO. Wealth Management LLC acquired a new position in JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $25,000. Finally, Pure Financial Advisors LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth $753,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $58.56 on Friday. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $59.73. The firm’s 50 day moving average price is $57.82 and its 200-day moving average price is $57.15. The firm has a market cap of $43.01 billion, a P/E ratio of 23.93 and a beta of 0.60.

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.