Main Line Retirement Advisors LLC decreased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 2.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,921 shares of the company’s stock after selling 638 shares during the period. JPMorgan Equity Premium Income ETF comprises 0.9% of Main Line Retirement Advisors LLC’s portfolio, making the stock its 15th largest holding. Main Line Retirement Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,305,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also added to or reduced their stakes in JEPI. Asset Allocation Strategies LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 20.4% in the 3rd quarter. Asset Allocation Strategies LLC now owns 16,654 shares of the company’s stock worth $991,000 after buying an additional 2,817 shares during the last quarter. Empire Financial Management Company LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 2.5% in the third quarter. Empire Financial Management Company LLC now owns 35,245 shares of the company’s stock valued at $2,097,000 after acquiring an additional 856 shares during the period. Brown Financial Advisors boosted its position in JPMorgan Equity Premium Income ETF by 6.0% in the third quarter. Brown Financial Advisors now owns 61,007 shares of the company’s stock worth $3,631,000 after purchasing an additional 3,435 shares during the last quarter. Coldstream Capital Management Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 10.5% during the 3rd quarter. Coldstream Capital Management Inc. now owns 20,267 shares of the company’s stock valued at $1,208,000 after purchasing an additional 1,924 shares during the period. Finally, FRG Family Wealth Advisors LLC increased its holdings in JPMorgan Equity Premium Income ETF by 5.8% during the third quarter. FRG Family Wealth Advisors LLC now owns 87,421 shares of the company’s stock valued at $5,202,000 after buying an additional 4,810 shares during the last quarter.
JPMorgan Equity Premium Income ETF Price Performance
NYSEARCA:JEPI opened at $59.64 on Wednesday. The business has a fifty day moving average price of $59.62 and a 200-day moving average price of $58.09. The firm has a market capitalization of $35.00 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a one year low of $54.42 and a one year high of $60.88.
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.
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