EPG Wealth Management LLC Sells 1,659 Shares of JPMorgan Equity Premium Income ETF $JEPI

EPG Wealth Management LLC reduced its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 23.1% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,526 shares of the company’s stock after selling 1,659 shares during the quarter. EPG Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $314,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in JEPI. Kingstone Capital Partners Texas LLC increased its holdings in JPMorgan Equity Premium Income ETF by 387,324.3% in the second quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock worth $22,736,908,000 after purchasing an additional 401,771,477 shares in the last quarter. JPMorgan Chase & Co. grew its stake in JPMorgan Equity Premium Income ETF by 35.9% in the first quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock valued at $1,609,887,000 after acquiring an additional 7,443,750 shares during the period. Nationwide Fund Advisors acquired a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $396,998,000. Envestnet Asset Management Inc. grew its stake in JPMorgan Equity Premium Income ETF by 17.4% in the second quarter. Envestnet Asset Management Inc. now owns 8,939,325 shares of the company’s stock valued at $508,201,000 after acquiring an additional 1,327,996 shares during the period. Finally, Raymond James Financial Inc. grew its stake in JPMorgan Equity Premium Income ETF by 14.9% in the first quarter. Raymond James Financial Inc. now owns 6,435,593 shares of the company’s stock valued at $367,730,000 after acquiring an additional 833,285 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.39 on Tuesday. JPMorgan Equity Premium Income ETF has a 52 week low of $49.94 and a 52 week high of $60.88. The stock has a 50 day moving average price of $56.93 and a two-hundred day moving average price of $56.42. The stock has a market capitalization of $40.37 billion, a PE ratio of 23.93 and a beta of 0.60.

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.