Rezny Wealth Management Inc. Sells 10,264 Shares of JPMorgan Equity Premium Income ETF $JEPI

Rezny Wealth Management Inc. lessened its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 354,274 shares of the company’s stock after selling 10,264 shares during the period. JPMorgan Equity Premium Income ETF accounts for about 3.5% of Rezny Wealth Management Inc.’s portfolio, making the stock its 5th biggest position. Rezny Wealth Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $20,009,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Rice Partnership LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 124.5% during the 4th quarter. Rice Partnership LLC now owns 449 shares of the company’s stock valued at $26,000 after acquiring an additional 249 shares during the period. Providence Capital Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth $26,000. Advocate Investing Services LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter worth $28,000. EQ Wealth Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $29,000. Finally, Monetary Solutions Ltd acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $30,000.

JPMorgan Equity Premium Income ETF Stock Up 0.1%

JEPI opened at $57.92 on Friday. 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 50-day simple moving average of $56.64 and a 200 day simple moving average of $57.17. The stock has a market capitalization of $46.20 billion, a price-to-earnings 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.