JPMorgan Equity Premium Income ETF $JEPI Shares Sold by HBW Advisory Services LLC

HBW Advisory Services LLC lessened its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.2% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 414,559 shares of the company’s stock after selling 18,336 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 2.1% of HBW Advisory Services LLC’s portfolio, making the stock its 14th largest position. HBW Advisory Services LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $23,414,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Wagner Wealth Management LLC grew its stake in JPMorgan Equity Premium Income ETF by 7.5% during the 4th quarter. Wagner Wealth Management LLC now owns 449,273 shares of the company’s stock worth $25,716,000 after purchasing an additional 31,510 shares in the last quarter. Brighton Jones LLC raised its position in JPMorgan Equity Premium Income ETF by 1,613.9% in the 4th quarter. Brighton Jones LLC now owns 127,528 shares of the company’s stock valued at $7,300,000 after purchasing an additional 120,087 shares in the last quarter. Nottingham Advisors Inc. raised its position in JPMorgan Equity Premium Income ETF by 21.6% in the 1st quarter. Nottingham Advisors Inc. now owns 816,880 shares of the company’s stock valued at $46,301,000 after purchasing an additional 144,966 shares in the last quarter. FSA Advisors Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $1,055,000. Finally, Janney Montgomery Scott LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 1.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 2,692,604 shares of the company’s stock valued at $154,125,000 after buying an additional 36,106 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $57.92 on Friday. The business has a 50-day simple moving average of $56.64 and a 200-day simple moving average of $57.17. JPMorgan Equity Premium Income ETF has a one year low of $55.10 and a one year high of $59.90. The company has a market cap of $46.20 billion, a PE ratio of 23.93 and a beta of 0.53.

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.