Fluent Financial LLC Reduces Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Fluent Financial LLC lessened its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 19.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,612 shares of the company’s stock after selling 855 shares during the period. Fluent Financial LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $205,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Asset Allocation Strategies LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 3.6% during the 4th quarter. Asset Allocation Strategies LLC now owns 7,245 shares of the company’s stock worth $398,000 after purchasing an additional 253 shares in the last quarter. Global Trust Asset Management LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 146.8% during the 1st quarter. Global Trust Asset Management LLC now owns 1,513 shares of the company’s stock worth $88,000 after purchasing an additional 900 shares in the last quarter. Mosley Wealth Management purchased a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth about $578,000. Optimum Investment Advisors lifted its holdings in JPMorgan Equity Premium Income ETF by 331.3% during the 1st quarter. Optimum Investment Advisors now owns 1,294 shares of the company’s stock worth $75,000 after purchasing an additional 994 shares in the last quarter. Finally, Napa Wealth Management purchased a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth about $1,254,000.

JPMorgan Equity Premium Income ETF Stock Down 0.3 %

JEPI traded down $0.19 during trading on Friday, reaching $57.74. 693,626 shares of the company were exchanged, compared to its average volume of 3,215,020. The company’s 50-day moving average is $57.04 and its two-hundred day moving average is $56.84. The company has a market cap of $33.88 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12-month low of $51.38 and a 12-month high of $58.85.

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.