Reyes Financial Architecture Inc. reduced its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 91.9% in the 2nd quarter, Holdings Channel reports. The fund owned 2,222 shares of the company’s stock after selling 25,152 shares during the quarter. Reyes Financial Architecture Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $125,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of the business. Walled Lake Planning & Wealth Management LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 2.7% in the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 6,449 shares of the company’s stock valued at $369,000 after purchasing an additional 171 shares during the period. Wealth Effects LLC increased its stake in JPMorgan Equity Premium Income ETF by 0.6% during the 4th quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock worth $1,809,000 after purchasing an additional 173 shares in the last quarter. Aspen Wealth Strategies LLC increased its stake in JPMorgan Equity Premium Income ETF by 4.5% during the 4th quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock worth $231,000 after purchasing an additional 174 shares in the last quarter. Morey & Quinn Wealth Partners LLC raised its holdings in JPMorgan Equity Premium Income ETF by 4.9% during the 4th quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock worth $213,000 after buying an additional 175 shares during the period. Finally, 3Chopt Investment Partners LLC raised its holdings in JPMorgan Equity Premium Income ETF by 9.0% during the 1st quarter. 3Chopt Investment Partners LLC now owns 2,143 shares of the company’s stock worth $121,000 after buying an additional 177 shares during the period.
JPMorgan Equity Premium Income ETF Stock Performance
Shares of JEPI opened at $57.92 on Friday. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90. The firm’s 50 day moving average price is $56.64 and its two-hundred day moving average price is $57.17. The firm has a market cap of $46.20 billion, a P/E ratio of 23.93 and a beta of 0.53.
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.
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