JPMorgan Equity Premium Income ETF $JEPI Shares Sold by Selective Wealth Management Inc.

Selective Wealth Management Inc. lessened its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 19.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 116,188 shares of the company’s stock after selling 28,751 shares during the period. JPMorgan Equity Premium Income ETF comprises 2.1% of Selective Wealth Management Inc.’s portfolio, making the stock its 10th biggest holding. Selective Wealth Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $6,789,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Clarity Asset Management Inc. acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $25,000. Asset Dedication LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at $28,000. BTG Pactual Asset Management US LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at $31,000. Logan Capital Management Inc. bought a new position in JPMorgan Equity Premium Income ETF in the third quarter worth $33,000. Finally, VSM Wealth Advisory LLC lifted its position in JPMorgan Equity Premium Income ETF by 84.1% in the third quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock worth $34,000 after purchasing an additional 269 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $56.41 on Thursday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $59.90. The company has a market capitalization of $41.57 billion, a P/E ratio of 23.93 and a beta of 0.60. The firm’s fifty day moving average price is $58.20 and its two-hundred day moving average price is $57.57.

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.