Outlook Wealth Advisors LLC Sells 509 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Outlook Wealth Advisors LLC decreased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,061 shares of the company’s stock after selling 509 shares during the period. Outlook Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $287,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. International Assets Investment Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at $11,785,000. Sequoia Financial Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth approximately $315,000. Cerity Partners LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 101.4% in the fourth quarter. Cerity Partners LLC now owns 109,615 shares of the company’s stock worth $6,029,000 after buying an additional 55,200 shares during the last quarter. Wealth Alliance boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 319.6% in the fourth quarter. Wealth Alliance now owns 16,492 shares of the company’s stock worth $907,000 after buying an additional 12,562 shares during the last quarter. Finally, Tyche Wealth Partners LLC purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $351,000.

JPMorgan Equity Premium Income ETF Stock Up 0.1 %

NYSEARCA:JEPI traded up $0.05 during trading hours on Friday, hitting $57.61. 1,841,077 shares of the stock traded hands, compared to its average volume of 3,286,843. JPMorgan Equity Premium Income ETF has a 1 year low of $51.38 and a 1 year high of $57.94. The company has a market cap of $33.81 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The stock has a 50 day moving average price of $56.57 and a 200 day moving average price of $56.64.

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.