JPMorgan Equity Premium Income ETF $JEPI is Ergawealth Advisors Inc.’s 7th Largest Position

Ergawealth Advisors Inc. reduced its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 31.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 183,106 shares of the company’s stock after selling 84,843 shares during the period. JPMorgan Equity Premium Income ETF makes up 4.9% of Ergawealth Advisors Inc.’s holdings, making the stock its 7th biggest position. Ergawealth Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $10,455,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of JEPI. Scott Capital Advisors LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 124.4% in the third quarter. Scott Capital Advisors LLC now owns 123,643 shares of the company’s stock valued at $7,037,000 after purchasing an additional 68,548 shares in the last quarter. Cambridge Advisors Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 8.8% during the third quarter. Cambridge Advisors Inc. now owns 187,501 shares of the company’s stock worth $10,706,000 after buying an additional 15,195 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 20.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 285,816 shares of the company’s stock valued at $16,249,000 after buying an additional 47,712 shares in the last quarter. Coastline Trust Co increased its stake in shares of JPMorgan Equity Premium Income ETF by 14.0% in the 2nd quarter. Coastline Trust Co now owns 1,981 shares of the company’s stock worth $113,000 after acquiring an additional 243 shares during the last quarter. Finally, Cooper Financial Group increased its stake in shares of JPMorgan Equity Premium Income ETF by 3.9% in the 3rd quarter. Cooper Financial Group now owns 423,502 shares of the company’s stock worth $24,182,000 after acquiring an additional 15,888 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.1%

Shares of JEPI stock opened at $57.98 on Tuesday. The company’s 50-day moving average price is $57.19 and its 200-day moving average price is $56.89. The stock has a market cap of $41.50 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve 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.