JPMorgan Equity Premium Income ETF $JEPI Stock: Perryman Financial Advisory Inc. AD Cuts Stake

Perryman Financial Advisory Inc. AD lowered its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 62.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 30,270 shares of the company’s stock after selling 51,074 shares during the quarter. Perryman Financial Advisory Inc. AD’s holdings in JPMorgan Equity Premium Income ETF were worth $1,702,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in JEPI. TopTier Wealth Management LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 1.4% in the third quarter. TopTier Wealth Management LLC now owns 12,665 shares of the company’s stock valued at $712,000 after buying an additional 175 shares during the last quarter. 3Chopt Investment Partners LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 9.0% during the first quarter. 3Chopt Investment Partners LLC now owns 2,143 shares of the company’s stock valued at $121,000 after purchasing an additional 177 shares during the last quarter. Lineweaver Wealth Advisors LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 1.6% in the third quarter. Lineweaver Wealth Advisors LLC now owns 11,301 shares of the company’s stock valued at $635,000 after purchasing an additional 177 shares in the last quarter. Private Capital Advisors Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 2.2% in the third quarter. Private Capital Advisors Inc. now owns 9,292 shares of the company’s stock valued at $522,000 after purchasing an additional 200 shares in the last quarter. Finally, Mayflower Financial Advisors LLC raised its position in JPMorgan Equity Premium Income ETF by 0.7% in the 1st quarter. Mayflower Financial Advisors LLC now owns 30,564 shares of the company’s stock worth $1,732,000 after purchasing an additional 209 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.2%

JEPI stock traded down $0.12 during trading on Friday, hitting $57.04. The company had a trading volume of 5,353,486 shares, compared to its average volume of 5,136,943. The firm has a 50-day moving average price of $57.03 and a 200-day moving average price of $56.74. JPMorgan Equity Premium Income ETF has a 12 month low of $55.10 and a 12 month high of $59.90. The stock has a market cap of $45.76 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.