JPMorgan Equity Premium Income ETF $JEPI Stock Sold by Cooper Financial Group

Cooper Financial Group lessened its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 15.6% during the third quarter, HoldingsChannel reports. The firm owned 305,779 shares of the company’s stock after selling 56,329 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 1.4% of Cooper Financial Group’s portfolio, making the stock its 18th biggest holding. Cooper Financial Group’s holdings in JPMorgan Equity Premium Income ETF were worth $17,191,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of JEPI. Tableaux LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 1,462.3% during the 4th quarter. Tableaux LLC now owns 1,503,922 shares of the company’s stock worth $86,084,000 after acquiring an additional 1,407,660 shares during the period. SHP Wealth Management bought a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth $42,882,000. Foguth Wealth Management LLC. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 366.7% in the first quarter. Foguth Wealth Management LLC. now owns 919,518 shares of the company’s stock worth $51,530,000 after acquiring an additional 722,490 shares during the period. Cetera Investment Advisers grew its position in shares of JPMorgan Equity Premium Income ETF by 10.0% in the first quarter. Cetera Investment Advisers now owns 6,083,774 shares of the company’s stock valued at $344,828,000 after purchasing an additional 553,011 shares in the last quarter. Finally, Arkadios Wealth Advisors grew its position in shares of JPMorgan Equity Premium Income ETF by 390.1% in the first quarter. Arkadios Wealth Advisors now owns 606,352 shares of the company’s stock valued at $34,368,000 after purchasing an additional 482,640 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.2%

Shares of NYSEARCA:JEPI traded down $0.09 during midday trading on Wednesday, reaching $56.45. 4,273,161 shares of the company traded hands, compared to its average volume of 5,172,643. The firm’s fifty day moving average price is $57.11 and its two-hundred day moving average price is $56.72. The firm has a market capitalization of $45.55 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 12 month low of $55.10 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.