JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) is Worth Financial Advisory Group LLC’s 9th Largest Position

Worth Financial Advisory Group LLC cut its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,748 shares of the company’s stock after selling 887 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 2.5% of Worth Financial Advisory Group LLC’s portfolio, making the stock its 9th biggest holding. Worth Financial Advisory Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,013,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Bank of Jackson Hole Trust purchased a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at $28,000. Duncker Streett & Co. Inc. acquired a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $28,000. Ulland Investment Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF during the 4th quarter valued at about $31,000. Crowley Wealth Management Inc. acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth about $32,000. Finally, Creative Capital Management Investments LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $32,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $57.51 on Thursday. The stock’s 50 day moving average price is $58.47 and its 200 day moving average price is $58.88. The firm has a market cap of $39.31 billion, a P/E ratio of 24.79 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88.

About JPMorgan Equity Premium Income ETF

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.