WealthPlan Investment Management LLC Decreases Stake in JPMorgan Equity Premium Income ETF $JEPI

WealthPlan Investment Management LLC reduced its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 44.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 18,332 shares of the company’s stock after selling 14,552 shares during the period. WealthPlan Investment Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,049,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Wealth Effects LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 0.6% during the 4th quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock worth $1,809,000 after purchasing an additional 173 shares in the last quarter. WESPAC Advisors SoCal LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 4.3% during the 4th quarter. WESPAC Advisors SoCal LLC now owns 4,178 shares of the company’s stock worth $239,000 after acquiring an additional 174 shares in the last quarter. Aspen Wealth Strategies LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 4.5% during the 4th quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock worth $231,000 after acquiring an additional 174 shares in the last quarter. Morey & Quinn Wealth Partners LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 4.9% during the 4th quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock worth $213,000 after acquiring an additional 175 shares in the last quarter. Finally, Hurley Capital LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 2.0% during the 3rd quarter. Hurley Capital LLC now owns 9,098 shares of the company’s stock worth $519,000 after acquiring an additional 177 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $55.89 on Monday. The business’s 50 day simple moving average is $57.00 and its 200-day simple moving average is $57.58. The firm has a market capitalization of $44.28 billion, a price-to-earnings ratio of 23.93 and a beta of 0.56. JPMorgan Equity Premium Income ETF has a 12 month low of $55.15 and a 12 month high of $59.90.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.