Global Wealth Management Investment Advisory Inc. Sells 198,953 Shares of JPMorgan Equity Premium Income ETF $JEPI

Global Wealth Management Investment Advisory Inc. lessened its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 46.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 224,966 shares of the company’s stock after selling 198,953 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 1.6% of Global Wealth Management Investment Advisory Inc.’s portfolio, making the stock its 18th largest position. Global Wealth Management Investment Advisory Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $12,648,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Legacy Private Trust Co. purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter worth approximately $2,602,000. Private Client Services LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $3,694,000. Studio Investment Management LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 194.0% during the 2nd quarter. Studio Investment Management LLC now owns 54,050 shares of the company’s stock worth $3,053,000 after acquiring an additional 35,668 shares during the last quarter. Community Financial Services Group LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $6,319,000. Finally, Henderson Brothers Financial Partners LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 12.3% during the 3rd quarter. Henderson Brothers Financial Partners LLC now owns 84,916 shares of the company’s stock worth $4,774,000 after acquiring an additional 9,330 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 2.1%

JEPI opened at $57.59 on Tuesday. The business has a fifty day moving average of $56.85 and a 200 day moving average of $57.15. JPMorgan Equity Premium Income ETF has a 52-week low of $55.10 and a 52-week high of $59.90. The stock has a market cap of $46.19 billion, a P/E ratio of 23.93 and a beta of 0.52.

JPMorgan Equity Premium Income ETF Company 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.