LJI Wealth Management LLC Sells 2,391 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

LJI Wealth Management LLC lowered its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 28,870 shares of the company’s stock after selling 2,391 shares during the period. LJI Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,718,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of JEPI. US Bancorp DE boosted its holdings in JPMorgan Equity Premium Income ETF by 6.2% in the 1st quarter. US Bancorp DE now owns 13,457 shares of the company’s stock worth $779,000 after buying an additional 790 shares during the period. Blair William & Co. IL raised its position in shares of JPMorgan Equity Premium Income ETF by 20.5% during the 1st quarter. Blair William & Co. IL now owns 116,203 shares of the company’s stock valued at $6,724,000 after buying an additional 19,731 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of JPMorgan Equity Premium Income ETF by 3.8% during the 1st quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock valued at $1,274,807,000 after buying an additional 815,598 shares in the last quarter. Patten & Patten Inc. TN raised its position in shares of JPMorgan Equity Premium Income ETF by 7.2% during the 1st quarter. Patten & Patten Inc. TN now owns 401,463 shares of the company’s stock valued at $23,229,000 after buying an additional 26,869 shares in the last quarter. Finally, Retirement Financial Solutions LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 1.3% during the 1st quarter. Retirement Financial Solutions LLC now owns 126,901 shares of the company’s stock valued at $7,343,000 after buying an additional 1,662 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI traded down $0.51 during mid-day trading on Friday, hitting $59.27. 4,671,516 shares of the company’s stock traded hands, compared to its average volume of 3,145,317. The company has a market capitalization of $34.78 billion, a P/E ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1 year low of $54.17 and a 1 year high of $60.20. The company’s 50-day moving average is $59.23 and its two-hundred day moving average is $57.68.

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.