JPMorgan Equity Premium Income ETF $JEPI Shares Sold by Brighton Jones LLC

Brighton Jones LLC decreased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 57.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,441 shares of the company’s stock after selling 9,981 shares during the period. Brighton Jones LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $425,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Clarity Asset Management Inc. purchased a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $25,000. GHP Investment Advisors Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at $25,000. Bartlett & CO. Wealth Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $25,000. Asset Dedication LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $28,000. Finally, Pin Oak Investment Advisors Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 73.6% during the 2nd quarter. Pin Oak Investment Advisors Inc. now owns 500 shares of the company’s stock worth $28,000 after buying an additional 212 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $58.02 on Friday. The business has a 50-day moving average of $57.18 and a two-hundred day moving average of $56.87. The firm has a market capitalization of $41.53 billion, a PE ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $59.73.

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