JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Moss Adams Wealth Advisors LLC

Moss Adams Wealth Advisors LLC lowered its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 24.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,347 shares of the company’s stock after selling 3,374 shares during the quarter. Moss Adams Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $616,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. HHM Wealth Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at approximately $28,000. Larson Financial Group LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 129.8% in the 1st quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after buying an additional 314 shares during the period. Morris Financial Concepts Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 114.1% in the 1st quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock valued at $36,000 after buying an additional 331 shares during the period. Beaird Harris Wealth Management LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 1st quarter worth about $38,000. Finally, Whittier Trust Co. of Nevada Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 105.2% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 716 shares of the company’s stock valued at $41,000 after acquiring an additional 367 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $59.93 on Friday. The firm has a market capitalization of $35.17 billion, a PE ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1 year low of $51.38 and a 1 year high of $59.97. The firm’s 50-day moving average is $58.63 and its two-hundred day moving average is $57.26.

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.