Aurora Private Wealth Inc. Reduces Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Aurora Private Wealth Inc. lowered its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 15.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 22,309 shares of the company’s stock after selling 4,166 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 1.0% of Aurora Private Wealth Inc.’s portfolio, making the stock its 27th biggest position. Aurora Private Wealth Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,283,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of JEPI. Heritage Wealth Management Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $978,000. Citigroup Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 51.8% during the 3rd quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock worth $8,797,000 after buying an additional 50,459 shares during the period. Summit Wealth Partners LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 1.3% during the 2nd quarter. Summit Wealth Partners LLC now owns 76,928 shares of the company’s stock worth $4,360,000 after buying an additional 957 shares during the period. Brown Financial Advisors acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $3,263,000. Finally, Newbridge Financial Services Group Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 106.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 57,886 shares of the company’s stock worth $3,281,000 after buying an additional 29,879 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $59.10 on Monday. The business has a fifty day moving average price of $58.93 and a 200 day moving average price of $58.53. JPMorgan Equity Premium Income ETF has a one year low of $54.77 and a one year high of $60.88. The company has a market cap of $34.68 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.