JPMorgan Equity Premium Income ETF $JEPI Stock: Krilogy Financial LLC Trims Holdings

Krilogy Financial LLC lessened its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 13.4% during the 3rd quarter, Holdings Channel reports. The firm owned 143,433 shares of the company’s stock after selling 22,120 shares during the quarter. Krilogy Financial LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $8,170,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Mechanics Bank Trust Department acquired a new position in JPMorgan Equity Premium Income ETF in the third quarter valued at about $11,192,000. Fagan Associates Inc. bought a new stake in JPMorgan Equity Premium Income ETF during the third quarter worth about $14,689,000. Lineweaver Wealth Advisors LLC grew its stake in JPMorgan Equity Premium Income ETF by 1.6% during the third quarter. Lineweaver Wealth Advisors LLC now owns 11,301 shares of the company’s stock worth $635,000 after buying an additional 177 shares during the last quarter. Forvis Mazars Wealth Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the third quarter worth approximately $4,790,000. Finally, Financial Futures Ltd Liability Co. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 8.1% during the third quarter. Financial Futures Ltd Liability Co. now owns 283,765 shares of the company’s stock worth $15,953,000 after buying an additional 21,167 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.1%

NYSEARCA:JEPI opened at $56.93 on Wednesday. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90. The firm has a 50 day moving average of $57.06 and a 200-day moving average of $56.72. The stock has a market capitalization of $45.73 billion, a P/E ratio of 23.93 and a beta of 0.53.

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.