Wealth Enhancement Advisory Services LLC Has $35.41 Million Stock Position in JPMorgan Equity Premium Income ETF $JEPI

Wealth Enhancement Advisory Services LLC trimmed its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 18.9% during the second quarter, HoldingsChannel reports. The institutional investor owned 623,950 shares of the company’s stock after selling 145,505 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $35,415,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Walled Lake Planning & Wealth Management LLC grew its position in JPMorgan Equity Premium Income ETF by 2.7% in the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 6,449 shares of the company’s stock valued at $369,000 after acquiring an additional 171 shares during the last quarter. Wealth Effects LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 0.6% during the fourth quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock worth $1,809,000 after buying an additional 173 shares in the last quarter. Aspen Wealth Strategies LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 4.5% in the 4th quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock valued at $231,000 after acquiring an additional 174 shares during the last quarter. Morey & Quinn Wealth Partners LLC raised its position in 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 valued at $213,000 after purchasing an additional 175 shares during the last quarter. Finally, 3Chopt Investment Partners LLC boosted its position 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 Up 0.1%

Shares of JPMorgan Equity Premium Income ETF stock opened at $57.84 on Thursday. The company’s fifty day moving average is $56.60 and its 200 day moving average is $57.17. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90. The stock has a market cap of $46.13 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53.

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