JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Retirement Financial Solutions LLC

Retirement Financial Solutions LLC lowered its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 127,182 shares of the company’s stock after selling 15,345 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 3.9% of Retirement Financial Solutions LLC’s holdings, making the stock its 11th biggest position. Retirement Financial Solutions LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $7,317,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Mattern Wealth Management LLC grew its holdings 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. Consolidated Planning Corp increased its holdings in shares of JPMorgan Equity Premium Income ETF by 0.5% in the fourth quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock valued at $1,931,000 after purchasing an additional 179 shares during the period. 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 purchasing 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 purchasing an additional 194 shares during the last quarter. Finally, Fortis Advisors LLC grew its position in JPMorgan Equity Premium Income ETF by 2.0% in the 4th quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock valued at $578,000 after buying an additional 196 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $59.17 on Tuesday. The stock has a market capitalization of $34.72 billion, a PE ratio of 24.40 and a beta of 0.53. The company has a fifty day moving average of $58.57 and a 200-day moving average of $58.77. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88.

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.