JPMorgan Equity Premium Income ETF $JEPI Shares Sold by Advisors Management Group Inc. ADV

Advisors Management Group Inc. ADV decreased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 277,374 shares of the company’s stock after selling 17,196 shares during the quarter. JPMorgan Equity Premium Income ETF makes up 2.9% of Advisors Management Group Inc. ADV’s holdings, making the stock its 5th largest position. Advisors Management Group Inc. ADV’s holdings in JPMorgan Equity Premium Income ETF were worth $15,721,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JEPI. Crewe Advisors LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 32.9% in the fourth quarter. Crewe Advisors LLC now owns 38,406 shares of the company’s stock valued at $2,198,000 after buying an additional 9,514 shares in the last quarter. Capital Investment Advisory Services LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 32.7% in the fourth quarter. Capital Investment Advisory Services LLC now owns 225,716 shares of the company’s stock worth $12,920,000 after acquiring an additional 55,610 shares during the last quarter. Cyndeo Wealth Partners LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 90.4% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 26,937 shares of the company’s stock valued at $1,542,000 after purchasing an additional 12,790 shares in the last quarter. Apella Capital LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 2.8% during the 4th quarter. Apella Capital LLC now owns 347,881 shares of the company’s stock worth $19,913,000 after purchasing an additional 9,499 shares during the last quarter. Finally, Leo Wealth LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $757,000.

JPMorgan Equity Premium Income ETF Stock Up 0.2%

JEPI stock opened at $56.76 on Friday. The stock has a market capitalization of $45.08 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 52-week low of $55.10 and a 52-week high of $59.90. The stock’s fifty day simple moving average is $56.15 and its 200-day simple moving average is $57.32.

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.