JPMorgan Equity Premium Income ETF $JEPI Shares Sold by Teamwork Financial Advisors LLC

Teamwork Financial Advisors LLC decreased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 30.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 48,244 shares of the company’s stock after selling 21,523 shares during the period. Teamwork Financial Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,712,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of JEPI. Richards Merrill & Peterson Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF by 376.6% during the third quarter. Richards Merrill & Peterson Inc. now owns 10,757 shares of the company’s stock valued at $605,000 after acquiring an additional 8,500 shares during the period. Sonata Capital Group Inc. acquired a new stake in JPMorgan Equity Premium Income ETF in the third quarter worth approximately $301,000. Herold Advisors Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 2.7% during the 3rd quarter. Herold Advisors Inc. now owns 64,424 shares of the company’s stock valued at $3,622,000 after purchasing an additional 1,724 shares in the last quarter. LongView Wealth Management boosted its stake in JPMorgan Equity Premium Income ETF by 13.8% during the 3rd quarter. LongView Wealth Management now owns 78,654 shares of the company’s stock valued at $4,422,000 after purchasing an additional 9,522 shares in the last quarter. Finally, Optivise Advisory Services LLC boosted its stake in JPMorgan Equity Premium Income ETF by 7.5% during the 3rd quarter. Optivise Advisory Services LLC now owns 7,466 shares of the company’s stock valued at $420,000 after purchasing an additional 518 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock traded up $0.02 during mid-day trading on Monday, hitting $57.06. 4,243,543 shares of the stock traded hands, compared to its average volume of 5,132,524. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90. The firm has a market cap of $45.78 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53. The company’s 50-day simple moving average is $57.03 and its 200-day simple moving average is $56.75.

JPMorgan Equity Premium Income ETF Company 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.