TrueWealth Advisors LLC Sells 1,353 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

TrueWealth Advisors LLC lessened its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.3% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 57,554 shares of the company’s stock after selling 1,353 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 1.1% of TrueWealth Advisors LLC’s holdings, making the stock its 18th biggest position. TrueWealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,425,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Salomon & Ludwin LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter worth $25,000. HHM Wealth Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter worth $28,000. Larson Financial Group LLC increased its stake 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 worth $32,000 after buying an additional 314 shares in the last quarter. Beaird Harris Wealth Management LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 1st quarter worth $38,000. Finally, Whittier Trust Co. of Nevada Inc. increased its stake in JPMorgan Equity Premium Income ETF by 105.2% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 716 shares of the company’s stock worth $41,000 after buying an additional 367 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock traded up $0.15 during trading on Friday, reaching $58.47. 3,243,723 shares of the stock traded hands, compared to its average volume of 3,127,046. The company has a market capitalization of $34.31 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The business has a fifty day simple moving average of $58.98 and a two-hundred day simple moving average of $57.43. JPMorgan Equity Premium Income ETF has a 52-week low of $52.93 and a 52-week high of $59.97.

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.