IFP Advisors Inc Decreases Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

IFP Advisors Inc decreased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.3% during the fourth quarter, HoldingsChannel reports. The fund owned 136,398 shares of the company’s stock after selling 477 shares during the quarter. IFP Advisors Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $7,847,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the company. Consolidated Planning Corp increased its position in JPMorgan Equity Premium Income ETF by 0.5% during the fourth quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock valued at $1,931,000 after acquiring an additional 179 shares during the last quarter. Landmark Wealth Management LLC increased its position in JPMorgan Equity Premium Income ETF by 5.1% during the fourth quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock valued at $221,000 after acquiring an additional 185 shares during the last quarter. Aviance Capital Partners LLC increased its position in JPMorgan Equity Premium Income ETF by 1.1% during the third quarter. Aviance Capital Partners LLC now owns 17,314 shares of the company’s stock valued at $1,030,000 after acquiring an additional 194 shares during the last quarter. Fortis Advisors LLC increased its position in JPMorgan Equity Premium Income ETF by 2.0% during the fourth quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock valued at $578,000 after acquiring an additional 196 shares during the last quarter. Finally, Key Financial Inc increased its position in JPMorgan Equity Premium Income ETF by 2.1% during the third quarter. Key Financial Inc now owns 9,798 shares of the company’s stock valued at $583,000 after acquiring an additional 200 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 1.0 %

JEPI stock opened at $59.13 on Monday. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month high of $60.88. The stock has a market capitalization of $34.70 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The firm’s fifty day simple moving average is $58.57 and its two-hundred day simple moving average is $58.88.

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.