JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stock Position Lessened by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC decreased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.5% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 257,106 shares of the company’s stock after selling 12,088 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $14,876,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Perritt Capital Management Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 44.4% in the third quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock worth $35,000 after purchasing an additional 200 shares in the last quarter. Burkett Financial Services LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter worth $35,000. Capital Advisors Ltd. LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 79.3% in the fourth quarter. Capital Advisors Ltd. LLC now owns 658 shares of the company’s stock worth $36,000 after purchasing an additional 291 shares in the last quarter. BOK Financial Private Wealth Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 400.0% in the fourth quarter. BOK Financial Private Wealth Inc. now owns 750 shares of the company’s stock worth $42,000 after purchasing an additional 600 shares in the last quarter. Finally, Roble Belko & Company Inc bought a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth $42,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI traded down $0.01 on Thursday, hitting $56.71. The company’s stock had a trading volume of 331,294 shares, compared to its average volume of 3,279,449. The stock’s 50-day moving average is $56.54 and its two-hundred day moving average is $56.29. JPMorgan Equity Premium Income ETF has a 12 month low of $51.38 and a 12 month high of $57.94. The company has a market capitalization of $33.28 billion, a price-to-earnings ratio of 24.40 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.