JPMorgan Equity Premium Income ETF $JEPI Stock Sold by Foguth Wealth Management LLC.

Foguth Wealth Management LLC. lessened its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 36.7% during the third quarter, HoldingsChannel reports. The firm owned 632,098 shares of the company’s stock after selling 366,643 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 3.6% of Foguth Wealth Management LLC.’s portfolio, making the stock its 6th biggest holding. Foguth Wealth Management LLC.’s holdings in JPMorgan Equity Premium Income ETF were worth $36,055,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. TopTier Wealth Management LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 1.4% in the 3rd quarter. TopTier Wealth Management LLC now owns 12,665 shares of the company’s stock worth $712,000 after buying an additional 175 shares in the last quarter. 3Chopt Investment Partners LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 9.0% during the first quarter. 3Chopt Investment Partners LLC now owns 2,143 shares of the company’s stock valued at $121,000 after acquiring an additional 177 shares in the last quarter. Lineweaver Wealth Advisors LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 1.6% during the third quarter. Lineweaver Wealth Advisors LLC now owns 11,301 shares of the company’s stock valued at $635,000 after acquiring an additional 177 shares in the last quarter. Private Capital Advisors Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 2.2% during the third quarter. Private Capital Advisors Inc. now owns 9,292 shares of the company’s stock valued at $522,000 after acquiring an additional 200 shares in the last quarter. Finally, Mayflower Financial Advisors LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 0.7% during the first quarter. Mayflower Financial Advisors LLC now owns 30,564 shares of the company’s stock valued at $1,732,000 after acquiring an additional 209 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA JEPI traded up $0.06 during midday trading on Monday, reaching $57.09. 2,215,975 shares of the company’s stock were exchanged, compared to its average volume of 5,121,652. JPMorgan Equity Premium Income ETF has a 52-week low of $55.10 and a 52-week high of $59.90. The stock has a market capitalization of $45.81 billion, a PE ratio of 23.93 and a beta of 0.53. The business’s fifty day moving average price is $57.03 and its two-hundred day moving average price is $56.75.

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