Worth Asset Management LLC Cuts Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Worth Asset Management LLC decreased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 33,424 shares of the company’s stock after selling 3,374 shares during the period. JPMorgan Equity Premium Income ETF comprises 1.0% of Worth Asset Management LLC’s portfolio, making the stock its 26th largest holding. Worth Asset Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,923,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in JEPI. Heritage Wealth Management Inc. acquired a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $978,000. Citigroup Inc. raised its position in JPMorgan Equity Premium Income ETF by 51.8% in the third quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock worth $8,797,000 after acquiring an additional 50,459 shares in the last quarter. Summit Wealth Partners LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 1.3% in the second quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock valued at $4,360,000 after acquiring an additional 957 shares during the period. Horizon Advisory Services Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 0.5% during the 2nd quarter. Horizon Advisory Services Inc. now owns 472,229 shares of the company’s stock worth $26,766,000 after purchasing an additional 2,158 shares in the last quarter. Finally, Brown Financial Advisors acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth $3,263,000.

JPMorgan Equity Premium Income ETF Stock Up 0.1 %

Shares of NYSEARCA JEPI traded up $0.07 during midday trading on Wednesday, hitting $57.73. The company had a trading volume of 1,860,476 shares, compared to its average volume of 3,558,618. The firm has a market capitalization of $33.88 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a twelve month low of $54.72 and a twelve month high of $60.88. The business has a 50-day simple moving average of $59.23 and a two-hundred day simple moving average of $58.37.

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.