Ehrlich Financial Group Sells 2,140 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Ehrlich Financial Group reduced its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 57,513 shares of the company’s stock after selling 2,140 shares during the period. JPMorgan Equity Premium Income ETF comprises about 2.4% of Ehrlich Financial Group’s investment portfolio, making the stock its 12th biggest position. Ehrlich Financial Group’s holdings in JPMorgan Equity Premium Income ETF were worth $3,309,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mattern Wealth Management LLC increased its holdings in JPMorgan Equity Premium Income ETF by 2.2% during the 3rd quarter. Mattern Wealth Management LLC now owns 8,072 shares of the company’s stock valued at $480,000 after purchasing an additional 174 shares in the last quarter. Empirical Asset Management LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 4.0% in the third quarter. Empirical Asset Management LLC now owns 4,675 shares of the company’s stock valued at $278,000 after buying an additional 179 shares in the last quarter. Aviance Capital Partners LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 1.1% in the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock valued at $1,030,000 after buying an additional 194 shares during the last quarter. Hudock Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 4.5% in the third quarter. Hudock Inc. now owns 4,608 shares of the company’s stock valued at $274,000 after buying an additional 199 shares during the last quarter. Finally, Key Financial Inc grew its holdings in JPMorgan Equity Premium Income ETF by 2.1% during the 3rd quarter. Key Financial Inc now owns 9,798 shares of the company’s stock worth $583,000 after acquiring an additional 200 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI traded up $0.21 during midday trading on Monday, hitting $57.27. The company had a trading volume of 3,218,008 shares, compared to its average volume of 4,062,620. JPMorgan Equity Premium Income ETF has a twelve month low of $54.72 and a twelve month high of $60.88. The firm’s 50-day simple moving average is $59.16 and its 200-day simple moving average is $58.38. The company has a market capitalization of $33.61 billion, a PE ratio of 24.40 and a beta of 0.53.

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.