Simplicity Wealth LLC Trims Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Simplicity Wealth LLC lowered its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 81.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,035 shares of the company’s stock after selling 64,206 shares during the period. Simplicity Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $895,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of JEPI. HHM Wealth Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth $28,000. Larson Financial Group LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 129.8% in the 1st quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after purchasing an additional 314 shares in the last quarter. Burkett Financial Services LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at approximately $35,000. Morris Financial Concepts Inc. raised its position in JPMorgan Equity Premium Income ETF by 114.1% in the first quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock worth $36,000 after acquiring an additional 331 shares in the last quarter. Finally, Beaird Harris Wealth Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter worth $38,000.

JPMorgan Equity Premium Income ETF Stock Up 0.5 %

Shares of JEPI opened at $59.46 on Friday. JPMorgan Equity Premium Income ETF has a 52-week low of $51.38 and a 52-week high of $59.58. The company has a 50-day simple moving average of $58.23 and a 200-day simple moving average of $57.19. The company has a market capitalization of $34.89 billion, a PE ratio of 24.40 and a beta of 0.53.

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.