HBW Advisory Services LLC Sells 27,607 Shares of JPMorgan Equity Premium Income ETF $JEPI

HBW Advisory Services LLC reduced its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 432,895 shares of the company’s stock after selling 27,607 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 2.6% of HBW Advisory Services LLC’s holdings, making the stock its 4th largest holding. HBW Advisory Services LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $24,536,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Crewe Advisors LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 32.9% in the fourth quarter. Crewe Advisors LLC now owns 38,406 shares of the company’s stock valued at $2,198,000 after acquiring an additional 9,514 shares during the last quarter. Capital Investment Advisory Services LLC grew its position in JPMorgan Equity Premium Income ETF by 32.7% during the 4th quarter. Capital Investment Advisory Services LLC now owns 225,716 shares of the company’s stock worth $12,920,000 after acquiring an additional 55,610 shares during the last quarter. Cyndeo Wealth Partners LLC increased its holdings in JPMorgan Equity Premium Income ETF by 90.4% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 26,937 shares of the company’s stock valued at $1,542,000 after purchasing an additional 12,790 shares in the last quarter. Apella Capital LLC increased its holdings in JPMorgan Equity Premium Income ETF by 2.8% during the 4th quarter. Apella Capital LLC now owns 347,881 shares of the company’s stock valued at $19,913,000 after purchasing an additional 9,499 shares in the last quarter. Finally, Leo Wealth LLC bought a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $757,000.

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock opened at $56.76 on Tuesday. The business’s fifty day moving average is $56.13 and its two-hundred day moving average is $57.31. The firm has a market cap of $45.17 billion, a P/E ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week 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.