JPMorgan Equity Premium Income ETF $JEPI Shares Sold by Principle Wealth Partners LLC

Principle Wealth Partners LLC lowered its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 27.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 52,821 shares of the company’s stock after selling 19,646 shares during the period. Principle Wealth Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,970,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. NBH Bank acquired a new position in JPMorgan Equity Premium Income ETF during the second quarter worth $27,000. Financial Management Professionals Inc. acquired a new stake in JPMorgan Equity Premium Income ETF in the third quarter valued at $30,000. Olistico Wealth LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the third quarter valued at $35,000. William Mack & Associates Inc. acquired a new stake in JPMorgan Equity Premium Income ETF in the third quarter valued at $37,000. Finally, Dynamic Wealth Strategies LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at $51,000.

JPMorgan Equity Premium Income ETF Stock Down 3.3%

NYSEARCA:JEPI opened at $56.39 on Friday. The company has a market capitalization of $45.23 billion, a PE ratio of 23.93 and a beta of 0.52. JPMorgan Equity Premium Income ETF has a 52-week low of $55.10 and a 52-week high of $59.90. The stock has a fifty day simple moving average of $56.88 and a 200-day simple moving average of $57.16.

JPMorgan Equity Premium Income ETF 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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.