Kingsview Wealth Management LLC Sells 123,104 Shares of JPMorgan Equity Premium Income ETF $JEPI

Kingsview Wealth Management LLC trimmed its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 34.5% in the 4th quarter, Holdings Channel reports. The fund owned 233,880 shares of the company’s stock after selling 123,104 shares during the quarter. Kingsview Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $13,387,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Wealth Effects LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 0.6% in the fourth quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock valued at $1,809,000 after acquiring an additional 173 shares during the period. WESPAC Advisors SoCal LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 4.3% in the fourth quarter. WESPAC Advisors SoCal LLC now owns 4,178 shares of the company’s stock valued at $239,000 after acquiring an additional 174 shares during the period. Aspen Wealth Strategies LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 4.5% in the fourth quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock valued at $231,000 after acquiring an additional 174 shares during the period. Morey & Quinn Wealth Partners LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 4.9% in the fourth quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock valued at $213,000 after acquiring an additional 175 shares during the period. Finally, Hurley Capital LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 2.0% in the third quarter. Hurley Capital LLC now owns 9,098 shares of the company’s stock valued at $519,000 after acquiring an additional 177 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.1%

JEPI opened at $56.28 on Thursday. JPMorgan Equity Premium Income ETF has a 1-year low of $55.15 and a 1-year high of $59.90. The stock has a market capitalization of $44.59 billion, a price-to-earnings ratio of 23.93 and a beta of 0.56. The business has a 50 day moving average of $56.73 and a 200-day moving average of $57.56.

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.