B. Riley Wealth Advisors Inc. Trims Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

B. Riley Wealth Advisors Inc. decreased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 363,901 shares of the company’s stock after selling 18,732 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for about 0.6% of B. Riley Wealth Advisors Inc.’s investment portfolio, making the stock its 24th largest position. B. Riley Wealth Advisors Inc. owned approximately 0.06% of JPMorgan Equity Premium Income ETF worth $21,560,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in JEPI. Fiduciary Financial Group LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the second quarter worth about $221,000. Raymond James & Associates increased its holdings in JPMorgan Equity Premium Income ETF by 22.2% in the 2nd quarter. Raymond James & Associates now owns 2,421,638 shares of the company’s stock worth $137,258,000 after acquiring an additional 439,155 shares in the last quarter. Marshall Financial Group LLC raised its stake in JPMorgan Equity Premium Income ETF by 132.0% during the 2nd quarter. Marshall Financial Group LLC now owns 110,766 shares of the company’s stock worth $6,278,000 after acquiring an additional 63,018 shares during the period. Family Investment Center Inc. purchased a new position in JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $230,000. Finally, KFG Wealth Management LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 49.1% in the second quarter. KFG Wealth Management LLC now owns 23,074 shares of the company’s stock worth $1,308,000 after purchasing an additional 7,597 shares during the period.

JPMorgan Equity Premium Income ETF Trading Down 0.2 %

Shares of JEPI opened at $59.41 on Friday. The company has a market capitalization of $34.86 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12-month low of $54.62 and a 12-month high of $60.88. The business’s 50 day moving average is $59.65 and its 200 day moving average is $58.13.

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.