Wick Capital Partners LLC Sells 55,271 Shares of JPMorgan Equity Premium Income ETF $JEPI

Wick Capital Partners LLC reduced its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 39.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 85,701 shares of the company’s stock after selling 55,271 shares during the period. JPMorgan Equity Premium Income ETF comprises 0.9% of Wick Capital Partners LLC’s portfolio, making the stock its 21st largest holding. Wick Capital Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,906,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Morgan Stanley boosted its stake in shares of JPMorgan Equity Premium Income ETF by 0.6% during the 4th quarter. Morgan Stanley now owns 47,234,309 shares of the company’s stock worth $2,703,692,000 after acquiring an additional 261,872 shares during the last quarter. Bank of America Corp DE grew its position in shares of JPMorgan Equity Premium Income ETF by 2.1% during the 2nd quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock valued at $1,897,209,000 after acquiring an additional 690,960 shares during the period. Raymond James Financial Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF by 11.4% in the 4th quarter. Raymond James Financial Inc. now owns 8,099,270 shares of the company’s stock worth $463,602,000 after purchasing an additional 825,889 shares in the last quarter. Nationwide Fund Advisors increased its stake in shares of JPMorgan Equity Premium Income ETF by 0.7% in the 4th quarter. Nationwide Fund Advisors now owns 7,089,908 shares of the company’s stock worth $405,826,000 after purchasing an additional 51,190 shares in the last quarter. Finally, Cetera Investment Advisers increased its stake in shares of JPMorgan Equity Premium Income ETF by 7.2% in the 4th quarter. Cetera Investment Advisers now owns 5,530,763 shares of the company’s stock worth $316,581,000 after purchasing an additional 370,330 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.10 on Friday. The stock has a market cap of $44.45 billion, a P/E ratio of 23.93 and a beta of 0.54. The stock’s fifty day moving average is $56.48 and its 200 day moving average is $57.42. JPMorgan Equity Premium Income ETF has a one year low of $55.10 and a one year high of $59.90.

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