JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Dakota Wealth Management

Dakota Wealth Management trimmed its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 18.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 25,788 shares of the company’s stock after selling 5,869 shares during the period. Dakota Wealth Management’s holdings in JPMorgan Equity Premium Income ETF were worth $1,535,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JEPI. HHM Wealth Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth about $28,000. Larson Financial Group LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 129.8% during the first quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after acquiring an additional 314 shares during the last quarter. Morris Financial Concepts Inc. raised its stake 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 acquiring an additional 331 shares during the period. Beaird Harris Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 1st quarter worth approximately $38,000. Finally, Whittier Trust Co. of Nevada Inc. boosted its position in shares of 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 worth $41,000 after purchasing an additional 367 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.3 %

Shares of NYSEARCA JEPI opened at $59.23 on Friday. The business’s 50 day moving average is $58.87 and its two-hundred day moving average is $57.35. JPMorgan Equity Premium Income ETF has a 52-week low of $51.38 and a 52-week high of $59.97. The firm has a market cap of $34.76 billion, a price-to-earnings 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.