Benjamin Edwards Inc. Sells 22,828 Shares of JPMorgan Equity Premium Income ETF $JEPI

Benjamin Edwards Inc. lowered its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 18.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 98,575 shares of the company’s stock after selling 22,828 shares during the period. Benjamin Edwards Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $5,642,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Independence Asset Advisors LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 35.3% during the 4th quarter. Independence Asset Advisors LLC now owns 16,780 shares of the company’s stock worth $968,000 after purchasing an additional 4,374 shares in the last quarter. LVZ Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 17.9% during the 4th quarter. LVZ Inc. now owns 9,910 shares of the company’s stock worth $567,000 after acquiring an additional 1,503 shares during the last quarter. Retirement Planning Group LLC NY increased its holdings in shares of JPMorgan Equity Premium Income ETF by 16.8% during the 4th quarter. Retirement Planning Group LLC NY now owns 230,243 shares of the company’s stock worth $13,277,000 after acquiring an additional 33,160 shares during the last quarter. Mission Hills Financial Advisory LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 7.1% during the 4th quarter. Mission Hills Financial Advisory LLC now owns 6,510 shares of the company’s stock worth $373,000 after acquiring an additional 431 shares during the last quarter. Finally, EQ Wealth Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $29,000.

JPMorgan Equity Premium Income ETF Trading Down 0.3%

JEPI stock opened at $56.67 on Tuesday. The firm has a market capitalization of $44.90 billion, a PE ratio of 23.93 and a beta of 0.56. JPMorgan Equity Premium Income ETF has a 1-year low of $55.15 and a 1-year high of $59.90. The business’s 50 day simple moving average is $57.58 and its 200 day simple 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.