BIP Wealth LLC Decreases Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

BIP Wealth LLC lowered its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 50.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,233 shares of the company’s stock after selling 16,509 shares during the period. BIP Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $920,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in JEPI. World Investment Advisors lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 5.2% during the 1st quarter. World Investment Advisors now owns 248,875 shares of the company’s stock valued at $14,106,000 after acquiring an additional 12,278 shares in the last quarter. 4WEALTH Advisors Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 2.1% in the 1st quarter. 4WEALTH Advisors Inc. now owns 79,551 shares of the company’s stock valued at $4,427,000 after purchasing an additional 1,655 shares in the last quarter. Private Advisor Group LLC increased its holdings in JPMorgan Equity Premium Income ETF by 144.3% in the 1st quarter. Private Advisor Group LLC now owns 253,727 shares of the company’s stock valued at $14,381,000 after purchasing an additional 149,873 shares in the last quarter. DeDora Capital Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 4.3% in the 1st quarter. DeDora Capital Inc. now owns 141,476 shares of the company’s stock valued at $8,019,000 after purchasing an additional 5,782 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC raised its position in JPMorgan Equity Premium Income ETF by 1,191.6% in the first quarter. Elevation Point Wealth Partners LLC now owns 434,984 shares of the company’s stock valued at $24,655,000 after purchasing an additional 401,307 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $56.71 on Friday. The stock’s 50-day moving average is $56.20 and its two-hundred day moving average is $57.35. The stock has a market cap of $44.96 billion, a PE ratio of 23.93 and a beta of 0.54. 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.