Capital Advisors Wealth Management LLC Sells 3,067 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Capital Advisors Wealth Management LLC lowered its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 97,401 shares of the company’s stock after selling 3,067 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for about 1.1% of Capital Advisors Wealth Management LLC’s investment portfolio, making the stock its 26th biggest holding. Capital Advisors Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,796,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. HHM Wealth Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter worth $28,000. Larson Financial Group LLC grew its holdings in JPMorgan Equity Premium Income ETF by 129.8% during the first quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after purchasing an additional 314 shares during the period. Morris Financial Concepts Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 114.1% during the first quarter. Morris Financial Concepts Inc. now owns 621 shares of the company’s stock valued at $36,000 after purchasing an additional 331 shares during the period. Beaird Harris Wealth Management LLC bought a new stake in JPMorgan Equity Premium Income ETF during the first quarter valued at about $38,000. Finally, Whittier Trust Co. of Nevada Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 105.2% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 716 shares of the company’s stock valued at $41,000 after purchasing an additional 367 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $59.57 on Wednesday. The stock has a 50-day simple moving average of $58.40 and a two-hundred day simple moving average of $57.21. JPMorgan Equity Premium Income ETF has a 52-week low of $51.38 and a 52-week high of $59.84. The firm has a market capitalization of $34.96 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.