Wealth Enhancement Advisory Services LLC Has $35.41 Million Stake in JPMorgan Equity Premium Income ETF $JEPI

Wealth Enhancement Advisory Services LLC reduced its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 18.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 623,950 shares of the company’s stock after selling 145,505 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 0.08% of JPMorgan Equity Premium Income ETF worth $35,415,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in JEPI. Walled Lake Planning & Wealth Management LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 2.7% during the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 6,449 shares of the company’s stock valued at $369,000 after purchasing an additional 171 shares during the last quarter. Wealth Effects LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 0.6% in the fourth quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock valued at $1,809,000 after purchasing an additional 173 shares during the last quarter. Aspen Wealth Strategies LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 4.5% in the fourth quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock valued at $231,000 after purchasing an additional 174 shares during the last quarter. Morey & Quinn Wealth Partners LLC grew its stake in JPMorgan Equity Premium Income ETF by 4.9% in the 4th quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock valued at $213,000 after buying an additional 175 shares during the last quarter. Finally, 3Chopt Investment Partners LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 9.0% in the first quarter. 3Chopt Investment Partners LLC now owns 2,143 shares of the company’s stock valued at $121,000 after purchasing an additional 177 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.1%

NYSEARCA:JEPI opened at $57.84 on Thursday. The stock has a market cap of $46.13 billion, a P/E ratio of 23.93 and a beta of 0.53. The stock has a 50 day simple moving average of $56.60 and a 200 day simple moving average of $57.17. JPMorgan Equity Premium Income ETF has a 1-year low of $55.10 and a 1-year high of $59.90.

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.