Savant Capital LLC Cuts Stock Position in JPMorgan Equity Premium Income ETF $JEPI

Savant Capital LLC cut its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 60.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 254,817 shares of the company’s stock after selling 387,683 shares during the period. Savant Capital LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $14,586,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the company. Wealth Effects LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 0.6% during the fourth quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock worth $1,809,000 after buying an additional 173 shares during the period. WESPAC Advisors SoCal LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 4.3% in the fourth quarter. WESPAC Advisors SoCal LLC now owns 4,178 shares of the company’s stock valued at $239,000 after acquiring an additional 174 shares during the period. Aspen Wealth Strategies LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 4.5% during the fourth quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock worth $231,000 after purchasing an additional 174 shares during the period. Morey & Quinn Wealth Partners LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 4.9% during the fourth quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock worth $213,000 after purchasing an additional 175 shares during the period. Finally, Hurley Capital LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.0% during the third quarter. Hurley Capital LLC now owns 9,098 shares of the company’s stock worth $519,000 after purchasing an additional 177 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $56.04 on Friday. The stock has a fifty day moving average price of $56.68 and a two-hundred day moving average price of $57.54. The stock has a market capitalization of $44.40 billion, a price-to-earnings ratio of 23.93 and a beta of 0.56. JPMorgan Equity Premium Income ETF has a 1 year low of $55.15 and a 1 year high of $59.90.

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.