JPMorgan Equity Premium Income ETF $JEPI Shares Sold by MGO One Seven LLC

MGO One Seven LLC trimmed its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 19.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 261,031 shares of the company’s stock after selling 63,059 shares during the period. MGO One Seven LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $14,905,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Kingstone Capital Partners Texas LLC grew its stake in JPMorgan Equity Premium Income ETF by 387,324.3% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock valued at $22,736,908,000 after purchasing an additional 401,771,477 shares in the last quarter. Nationwide Fund Advisors bought a new stake in JPMorgan Equity Premium Income ETF in the second quarter worth about $396,998,000. Envestnet Asset Management Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 17.4% during the second quarter. Envestnet Asset Management Inc. now owns 8,939,325 shares of the company’s stock valued at $508,201,000 after purchasing an additional 1,327,996 shares during the last quarter. Hamilton Capital LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at $72,373,000. Finally, Bank of New York Mellon Corp grew its position in JPMorgan Equity Premium Income ETF by 191.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,708,349 shares of the company’s stock worth $97,120,000 after purchasing an additional 1,122,256 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $58.25 on Monday. The company has a market capitalization of $42.31 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. The business’s 50-day moving average is $57.27 and its 200-day moving average is $56.99. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $59.73.

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.