Thrivent Financial for Lutherans Sells 97,321 Shares of JPMorgan Equity Premium Income ETF $JEPI

Thrivent Financial for Lutherans cut its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 70.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 41,112 shares of the company’s stock after selling 97,321 shares during the quarter. Thrivent Financial for Lutherans’ holdings in JPMorgan Equity Premium Income ETF were worth $2,338,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of the business. Silverlake Wealth Management LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 8.2% during the 2nd quarter. Silverlake Wealth Management LLC now owns 79,232 shares of the company’s stock valued at $4,504,000 after buying an additional 6,024 shares in the last quarter. Coppell Advisory Solutions LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $1,346,000. B. Riley Wealth Advisors Inc. purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth $2,436,000. Cape Investment Advisory Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 73.9% in the second quarter. Cape Investment Advisory Inc. now owns 2,070 shares of the company’s stock worth $118,000 after acquiring an additional 880 shares during the period. Finally, Advisory Services Network LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 1.9% in the second quarter. Advisory Services Network LLC now owns 290,347 shares of the company’s stock valued at $16,399,000 after purchasing an additional 5,450 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $57.82 on Wednesday. The business’s fifty day moving average is $57.10 and its 200 day moving average is $56.84. The firm has a market cap of $41.39 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $59.73.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.