JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by RPg Family Wealth Advisory LLC

RPg Family Wealth Advisory LLC decreased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.9% during the 2nd quarter, Holdings Channel reports. The firm owned 49,790 shares of the company’s stock after selling 430 shares during the quarter. RPg Family Wealth Advisory LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,822,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in JEPI. Global Assets Advisory LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 5,858.1% in the 1st quarter. Global Assets Advisory LLC now owns 6,165,296 shares of the company’s stock worth $356,724,000 after buying an additional 6,061,819 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 406.2% in the first quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock valued at $239,292,000 after purchasing an additional 3,318,702 shares in the last quarter. Strategic Financial Concepts LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 6,254.5% in the second quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock valued at $595,000 after purchasing an additional 1,032,746 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of JPMorgan Equity Premium Income ETF by 3.8% in the first quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock valued at $1,274,807,000 after purchasing an additional 815,598 shares during the last quarter. Finally, First Foundation Advisors increased its stake in shares of JPMorgan Equity Premium Income ETF by 91.9% during the 1st quarter. First Foundation Advisors now owns 1,203,095 shares of the company’s stock worth $69,611,000 after purchasing an additional 576,068 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $59.01 on Wednesday. The stock’s 50 day moving average price is $57.34 and its 200 day moving average price is $56.93. The firm has a market cap of $34.63 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1 year low of $51.38 and a 1 year high of $59.15.

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.