Wealth Enhancement Advisory Services LLC Sells 228,619 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Wealth Enhancement Advisory Services LLC decreased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 14.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,407,505 shares of the company’s stock after selling 228,619 shares during the period. Wealth Enhancement Advisory Services LLC owned 0.24% of JPMorgan Equity Premium Income ETF worth $83,761,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of JEPI. HHM Wealth Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter worth about $28,000. Larson Financial Group LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 129.8% in the first quarter. Larson Financial Group LLC now owns 556 shares of the company’s stock valued at $32,000 after acquiring an additional 314 shares in the last quarter. Morris Financial Concepts Inc. increased its holdings in shares of 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 worth $36,000 after purchasing an additional 331 shares during the period. Beaird Harris Wealth Management LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 1st quarter valued at $38,000. Finally, Whittier Trust Co. of Nevada Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 105.2% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 716 shares of the company’s stock valued at $41,000 after buying an additional 367 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI traded down $0.16 during trading hours on Friday, hitting $59.23. The company’s stock had a trading volume of 2,625,692 shares, compared to its average volume of 3,129,870. The stock has a fifty day simple moving average of $58.87 and a 200-day simple moving average of $57.35. JPMorgan Equity Premium Income ETF has a twelve month low of $51.38 and a twelve month high of $59.97. The company has a market capitalization of $34.76 billion, a P/E ratio of 24.40 and a beta of 0.53.

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.