19,646 JPMorgan Equity Premium Income ETF $JEPI Shares Sold by Principle Wealth Partners LLC

Principle Wealth Partners LLC trimmed its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 27.1% in the third quarter, HoldingsChannel.com reports. The fund owned 52,821 shares of the company’s stock after selling 19,646 shares during the quarter. Principle Wealth Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,970,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Commonwealth Equity Services LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at $197,781,000. Hamilton Capital LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter valued at about $84,219,000. Nottingham Advisors Inc. purchased a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter valued at about $46,488,000. Oakworth Capital Inc. purchased a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter valued at about $41,768,000. Finally, Foguth Wealth Management LLC. lifted its holdings in JPMorgan Equity Premium Income ETF by 366.7% in the 1st quarter. Foguth Wealth Management LLC. now owns 919,518 shares of the company’s stock valued at $51,530,000 after purchasing an additional 722,490 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $56.39 on Friday. The stock has a market capitalization of $45.23 billion, a P/E ratio of 23.93 and a beta of 0.52. JPMorgan Equity Premium Income ETF has a 12-month low of $55.10 and a 12-month high of $59.90. The firm’s 50-day moving average is $56.88 and its two-hundred day moving average is $57.16.

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.