JPMorgan Equity Premium Income ETF $JEPI Holdings Lowered by Cascade Wealth Advisors Inc

Cascade Wealth Advisors Inc lowered its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 159,523 shares of the company’s stock after selling 12,834 shares during the period. JPMorgan Equity Premium Income ETF makes up about 3.6% of Cascade Wealth Advisors Inc’s investment portfolio, making the stock its 10th biggest position. Cascade Wealth Advisors Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $8,927,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. PNC Financial Services Group Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 16.9% in the first quarter. PNC Financial Services Group Inc. now owns 1,929,732 shares of the company’s stock valued at $109,377,000 after purchasing an additional 278,868 shares during the last quarter. JSF Financial LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 54.1% during the 1st quarter. JSF Financial LLC now owns 68,183 shares of the company’s stock worth $3,865,000 after buying an additional 23,923 shares during the last quarter. Balefire LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 25.3% in the 1st quarter. Balefire LLC now owns 6,355 shares of the company’s stock worth $360,000 after buying an additional 1,284 shares in the last quarter. Parallel Advisors LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 16.2% in the 1st quarter. Parallel Advisors LLC now owns 67,590 shares of the company’s stock worth $3,831,000 after buying an additional 9,407 shares in the last quarter. Finally, Resolute Wealth Strategies LLC grew its stake in JPMorgan Equity Premium Income ETF by 1.9% in the 1st quarter. Resolute Wealth Strategies LLC now owns 14,190 shares of the company’s stock valued at $804,000 after acquiring an additional 262 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.4%

NYSEARCA:JEPI opened at $56.62 on Wednesday. The firm has a 50-day moving average price of $56.18 and a two-hundred day moving average price of $57.26. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90. The company has a market capitalization of $45.17 billion, a P/E ratio of 23.93 and a beta of 0.54.

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.