JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Tempus Wealth Planning LLC

Tempus Wealth Planning LLC lowered its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.1% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 7,481 shares of the company’s stock after selling 490 shares during the period. Tempus Wealth Planning LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $433,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JEPI. Burkett Financial Services LLC purchased a new position in JPMorgan Equity Premium Income ETF in the 1st quarter valued at $35,000. Capital Advisors Ltd. LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 79.3% in the 4th quarter. Capital Advisors Ltd. LLC now owns 658 shares of the company’s stock valued at $36,000 after purchasing an additional 291 shares in the last quarter. Morris Financial Concepts Inc. lifted its holdings in JPMorgan Equity Premium Income ETF by 114.1% in the 1st quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock valued at $36,000 after purchasing an additional 331 shares in the last quarter. BOK Financial Private Wealth Inc. lifted its holdings in JPMorgan Equity Premium Income ETF by 400.0% in the 4th quarter. BOK Financial Private Wealth Inc. now owns 750 shares of the company’s stock valued at $42,000 after purchasing an additional 600 shares in the last quarter. Finally, Roble Belko & Company Inc purchased a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $42,000.

JPMorgan Equity Premium Income ETF Trading Down 0.1 %

JEPI stock traded down $0.06 during midday trading on Thursday, reaching $56.14. The stock had a trading volume of 2,345,787 shares, compared to its average volume of 3,278,742. The company’s fifty day simple moving average is $56.58 and its 200 day simple moving average is $56.34. The company has a market cap of $32.94 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 52-week low of $51.38 and a 52-week high of $57.94.

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.