Principle Wealth Partners LLC Sells 3,664 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Principle Wealth Partners LLC decreased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 103,865 shares of the company’s stock after selling 3,664 shares during the quarter. Principle Wealth Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,710,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Wealth Management Partners LLC lifted its stake in JPMorgan Equity Premium Income ETF by 2.0% in the fourth quarter. Wealth Management Partners LLC now owns 9,820 shares of the company’s stock valued at $540,000 after buying an additional 195 shares during the period. Perritt Capital Management Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 44.4% in the third quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock valued at $35,000 after buying an additional 200 shares during the period. Wealth Alliance raised its position in shares of JPMorgan Equity Premium Income ETF by 5.8% during the third quarter. Wealth Alliance now owns 3,930 shares of the company’s stock worth $211,000 after purchasing an additional 214 shares during the period. Meeder Advisory Services Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 0.4% during the third quarter. Meeder Advisory Services Inc. now owns 50,001 shares of the company’s stock worth $2,678,000 after purchasing an additional 217 shares during the period. Finally, Assetmark Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 5.0% during the third quarter. Assetmark Inc. now owns 4,956 shares of the company’s stock worth $265,000 after purchasing an additional 235 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.3 %

Shares of NYSEARCA JEPI traded up $0.17 during mid-day trading on Friday, reaching $56.28. 2,284,349 shares of the company’s stock were exchanged, compared to its average volume of 3,569,882. The firm has a market capitalization of $32.97 billion, a price-to-earnings ratio of 24.51 and a beta of 0.54. The business has a fifty day simple moving average of $56.83 and a 200 day simple moving average of $55.41. JPMorgan Equity Premium Income ETF has a twelve month low of $51.38 and a twelve month high of $57.94.

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.