Brady Martz Wealth Solutions LLC Sells 31,257 Shares of JPMorgan Equity Premium Income ETF $JEPI

Brady Martz Wealth Solutions LLC lessened its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 22.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 105,119 shares of the company’s stock after selling 31,257 shares during the period. JPMorgan Equity Premium Income ETF accounts for 1.0% of Brady Martz Wealth Solutions LLC’s investment portfolio, making the stock its 25th largest position. Brady Martz Wealth Solutions LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,958,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Walled Lake Planning & Wealth Management LLC raised its stake in JPMorgan Equity Premium Income ETF by 2.7% in the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 6,449 shares of the company’s stock valued at $369,000 after acquiring an additional 171 shares during the period. Wealth Effects LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 0.6% during the fourth quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock valued at $1,809,000 after purchasing an additional 173 shares during the last quarter. WESPAC Advisors SoCal LLC boosted its position in JPMorgan Equity Premium Income ETF by 4.3% during the fourth quarter. WESPAC Advisors SoCal LLC now owns 4,178 shares of the company’s stock worth $239,000 after purchasing an additional 174 shares during the period. Aspen Wealth Strategies LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 4.5% in the fourth quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock worth $231,000 after purchasing an additional 174 shares in the last quarter. Finally, Morey & Quinn Wealth Partners LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 4.9% in the fourth quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock worth $213,000 after purchasing an additional 175 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $56.10 on Friday. The firm has a market cap of $44.45 billion, a P/E ratio of 23.93 and a beta of 0.54. The company’s 50 day moving average is $56.48 and its 200-day moving average is $57.42. JPMorgan Equity Premium Income ETF has a 12-month low of $55.10 and a 12-month high of $59.90.

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.