Prentice Wealth Management LLC Decreases Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Prentice Wealth Management LLC trimmed its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 9,404 shares of the company’s stock after selling 732 shares during the quarter. Prentice Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $541,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Consolidated Planning Corp grew 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 worth $1,931,000 after purchasing an additional 179 shares during the last quarter. Landmark Wealth Management LLC grew its holdings in JPMorgan Equity Premium Income ETF by 5.1% in the 4th quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock worth $221,000 after acquiring an additional 185 shares during the last quarter. Aviance Capital Partners LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 1.1% in the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock valued at $1,030,000 after acquiring an additional 194 shares during the period. 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 valued at $578,000 after acquiring an additional 196 shares during the last quarter. Finally, Hudock Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 4.5% during the third quarter. Hudock Inc. now owns 4,608 shares of the company’s stock valued at $274,000 after acquiring an additional 199 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $59.13 on Friday. The stock’s 50-day moving average is $58.57 and its 200 day moving average is $58.83. The company has a market cap of $34.70 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88.

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.