AIFG Consultants Ltd. Sells 114,550 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

AIFG Consultants Ltd. trimmed its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 64.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 61,996 shares of the company’s stock after selling 114,550 shares during the period. JPMorgan Equity Premium Income ETF makes up about 5.8% of AIFG Consultants Ltd.’s investment portfolio, making the stock its 4th biggest position. AIFG Consultants Ltd.’s holdings in JPMorgan Equity Premium Income ETF were worth $3,567,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Mattern Wealth Management LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 2.2% during the third quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock worth $480,000 after buying an additional 174 shares during the last quarter. Empirical Asset Management LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 4.0% during the third quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock worth $278,000 after buying an additional 179 shares during the last quarter. Landmark Wealth Management LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 5.1% during the fourth quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock worth $221,000 after buying an additional 185 shares during the last quarter. Aviance Capital Partners LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 1.1% during the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock worth $1,030,000 after buying an additional 194 shares during the last quarter. Finally, Fortis Advisors LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 2.0% during the fourth quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock worth $578,000 after buying an additional 196 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $59.09 on Tuesday. The company has a market cap of $34.68 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The firm has a 50 day simple moving average of $58.65 and a 200 day simple moving average of $58.69. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two 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.