MIdWestOne Financial Group Inc. Lowers Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

MIdWestOne Financial Group Inc. decreased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 19.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 66,708 shares of the company’s stock after selling 15,660 shares during the quarter. MIdWestOne Financial Group Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $3,818,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of JEPI. Wealth Effects LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 0.6% in the fourth quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock worth $1,809,000 after acquiring an additional 173 shares during the period. WESPAC Advisors SoCal LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 4.3% in the fourth quarter. WESPAC Advisors SoCal LLC now owns 4,178 shares of the company’s stock worth $239,000 after acquiring an additional 174 shares during the period. Aspen Wealth Strategies LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 4.5% in the fourth quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock worth $231,000 after acquiring an additional 174 shares during the period. Morey & Quinn Wealth Partners LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 4.9% in the fourth quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock worth $213,000 after acquiring an additional 175 shares during the period. Finally, Hurley Capital LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 2.0% in the third quarter. Hurley Capital LLC now owns 9,098 shares of the company’s stock worth $519,000 after acquiring an additional 177 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $55.80 on Friday. The firm has a market capitalization of $44.21 billion, a P/E ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 1-year low of $55.10 and a 1-year high of $59.90. The company’s fifty day moving average price is $56.54 and its 200-day moving average price is $57.48.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.