Simplicity Wealth LLC Has $364,000 Holdings in JPMorgan Equity Premium Income ETF $JEPI

Simplicity Wealth LLC trimmed its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 83.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,358 shares of the company’s stock after selling 33,099 shares during the period. Simplicity Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $364,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in JEPI. Brighton Jones LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $402,000. AQR Capital Management LLC boosted its position in JPMorgan Equity Premium Income ETF by 28.1% during the first quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock worth $4,845,000 after purchasing an additional 18,619 shares during the period. Goldman Sachs Group Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at $847,000. Schnieders Capital Management LLC. bought a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at about $3,093,000. Finally, First Trust Advisors LP acquired a new stake in JPMorgan Equity Premium Income ETF during the second quarter worth approximately $529,000.

JPMorgan Equity Premium Income ETF Trading Down 1.3%

JPMorgan Equity Premium Income ETF stock opened at $56.82 on Friday. The company has a market capitalization of $45.02 billion, a price-to-earnings ratio of 23.93 and a beta of 0.56. JPMorgan Equity Premium Income ETF has a 12 month low of $55.15 and a 12 month high of $59.90. The stock’s 50 day moving average is $57.58 and its 200-day moving average is $57.65.

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.