SteelPeak Wealth LLC Sells 14,359 Shares of JPMorgan Equity Premium Income ETF $JEPI

SteelPeak Wealth LLC cut its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 30.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 33,018 shares of the company’s stock after selling 14,359 shares during the period. SteelPeak Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,904,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of the company. Three Magnolias Financial Advisors LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 0.4% during the 4th quarter. Three Magnolias Financial Advisors LLC now owns 81,433 shares of the company’s stock valued at $4,661,000 after buying an additional 293 shares in the last quarter. Midwest Financial Group LLC increased its stake in JPMorgan Equity Premium Income ETF by 10.6% in the 4th quarter. Midwest Financial Group LLC now owns 4,926 shares of the company’s stock worth $282,000 after buying an additional 474 shares in the last quarter. Kavar Capital Partners Group LLC bought a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter valued at about $205,000. MRA Advisory Group raised its holdings in JPMorgan Equity Premium Income ETF by 14.0% during the fourth quarter. MRA Advisory Group now owns 15,906 shares of the company’s stock valued at $910,000 after acquiring an additional 1,954 shares during the period. Finally, Bouchey Financial Group Ltd lifted its position in shares of JPMorgan Equity Premium Income ETF by 9.1% in the fourth quarter. Bouchey Financial Group Ltd now owns 517,009 shares of the company’s stock valued at $29,663,000 after acquiring an additional 42,993 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $56.45 on Friday. The firm has a market cap of $43.76 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. The business has a 50-day moving average price of $58.13 and a 200-day moving average price of $57.57. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month high of $59.90.

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