JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Concord Wealth Partners

Concord Wealth Partners lessened its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 25,102 shares of the company’s stock after selling 2,813 shares during the quarter. Concord Wealth Partners’ holdings in JPMorgan Equity Premium Income ETF were worth $1,380,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of JEPI. Perritt Capital Management Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 44.4% during the third quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock worth $35,000 after purchasing an additional 200 shares during the last quarter. Capital Advisors Ltd. LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 79.3% during the fourth quarter. Capital Advisors Ltd. LLC now owns 658 shares of the company’s stock worth $36,000 after purchasing an additional 291 shares during the last quarter. Albion Financial Group UT boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 8,375.0% during the third quarter. Albion Financial Group UT now owns 678 shares of the company’s stock worth $36,000 after purchasing an additional 670 shares during the last quarter. BOK Financial Private Wealth Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 400.0% during the fourth quarter. BOK Financial Private Wealth Inc. now owns 750 shares of the company’s stock worth $42,000 after purchasing an additional 600 shares during the last quarter. Finally, Roble Belko & Company Inc acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $42,000.

JPMorgan Equity Premium Income ETF Stock Up 0.6 %

Shares of JEPI stock traded up $0.31 during mid-day trading on Wednesday, hitting $55.91. 2,688,143 shares of the company’s stock were exchanged, compared to its average volume of 3,544,137. JPMorgan Equity Premium Income ETF has a fifty-two week low of $51.38 and a fifty-two week high of $57.94. The stock has a 50-day simple moving average of $56.84 and a two-hundred day simple moving average of $55.45. The stock has a market cap of $32.75 billion, a price-to-earnings ratio of 24.51 and a beta of 0.54.

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.