Retirement Planning Group LLC Sells 59,500 Shares of JPMorgan Equity Premium Income ETF $JEPI

Retirement Planning Group LLC lowered its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 67.8% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 28,208 shares of the company’s stock after selling 59,500 shares during the period. Retirement Planning Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,599,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Walled Lake Planning & Wealth Management LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.7% in the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 6,449 shares of the company’s stock valued at $369,000 after purchasing an additional 171 shares in the last quarter. Wealth Effects LLC grew its holdings in JPMorgan Equity Premium Income ETF by 0.6% during the fourth quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock worth $1,809,000 after buying an additional 173 shares in the last quarter. WESPAC Advisors SoCal LLC grew its holdings in JPMorgan Equity Premium Income ETF by 4.3% during the fourth quarter. WESPAC Advisors SoCal LLC now owns 4,178 shares of the company’s stock worth $239,000 after buying an additional 174 shares in the last quarter. Aspen Wealth Strategies LLC raised its position in JPMorgan Equity Premium Income ETF by 4.5% in the 4th quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock valued at $231,000 after buying an additional 174 shares during the last quarter. Finally, Morey & Quinn Wealth Partners LLC raised its position in JPMorgan Equity Premium Income ETF by 4.9% in the 4th quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock valued at $213,000 after buying an additional 175 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.3%

Shares of NYSEARCA:JEPI opened at $56.58 on Wednesday. The stock has a market cap of $45.04 billion, a PE ratio of 23.93 and a beta of 0.54. The stock’s fifty day simple moving average is $56.13 and its two-hundred day simple moving average is $57.30. JPMorgan Equity Premium Income ETF has a 1-year low of $55.10 and a 1-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.