JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by HB Wealth Management LLC

HB Wealth Management LLC decreased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,942 shares of the company’s stock after selling 893 shares during the quarter. HB Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,758,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Salomon & Ludwin LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter worth about $25,000. Running Point Capital Advisors LLC lifted its position in JPMorgan Equity Premium Income ETF by 131.2% during the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after acquiring an additional 362 shares during the period. Brown Lisle Cummings Inc. lifted its position in JPMorgan Equity Premium Income ETF by 48.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after acquiring an additional 255 shares during the period. Pathway Financial Advisers LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter worth about $49,000. Finally, Abound Wealth Management lifted its position in JPMorgan Equity Premium Income ETF by 1,320.8% during the 4th quarter. Abound Wealth Management now owns 1,094 shares of the company’s stock worth $63,000 after acquiring an additional 1,017 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 0.4 %

Shares of JEPI stock opened at $58.50 on Monday. The stock has a market cap of $34.33 billion, a PE ratio of 24.40 and a beta of 0.53. The business has a 50-day simple moving average of $59.02 and a 200-day simple moving average of $58.44. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88.

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.