SimpliFi Inc. Has $405,000 Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

SimpliFi Inc. lessened its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.3% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 7,032 shares of the company’s stock after selling 396 shares during the quarter. SimpliFi Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $405,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. N.E.W. Advisory Services LLC lifted its stake in JPMorgan Equity Premium Income ETF by 4.5% during the fourth quarter. N.E.W. Advisory Services LLC now owns 72,112 shares of the company’s stock worth $4,149,000 after purchasing an additional 3,129 shares during the last quarter. Heck Capital Advisors LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $63,000. Saxony Capital Management LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 123.3% during the 4th quarter. Saxony Capital Management LLC now owns 38,297 shares of the company’s stock worth $2,203,000 after purchasing an additional 21,149 shares during the last quarter. New Wave Wealth Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at approximately $124,000. Finally, Institute for Wealth Management LLC. boosted its holdings in JPMorgan Equity Premium Income ETF by 5.3% in the 4th quarter. Institute for Wealth Management LLC. now owns 24,560 shares of the company’s stock valued at $1,413,000 after purchasing an additional 1,243 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.3 %

JPMorgan Equity Premium Income ETF stock opened at $58.97 on Friday. The company has a market capitalization of $34.61 billion, a PE ratio of 24.40 and a beta of 0.53. The firm has a fifty day simple moving average of $58.86 and a two-hundred day simple moving average of $58.59. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month high of $60.88.

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.