Future Financial Wealth Managment LLC Sells 9,773 Shares of JPMorgan Equity Premium Income ETF $JEPI

Future Financial Wealth Managment LLC decreased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 90.7% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 1,000 shares of the company’s stock after selling 9,773 shares during the quarter. Future Financial Wealth Managment LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $57,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 387,324.3% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock worth $22,736,908,000 after acquiring an additional 401,771,477 shares in the last quarter. JPMorgan Chase & Co. boosted its position in JPMorgan Equity Premium Income ETF by 35.9% during the first quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock worth $1,609,887,000 after purchasing an additional 7,443,750 shares during the period. Royal Bank of Canada boosted its position in JPMorgan Equity Premium Income ETF by 10.5% during the first quarter. Royal Bank of Canada now owns 8,119,139 shares of the company’s stock worth $463,927,000 after purchasing an additional 772,858 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 11.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 7,611,329 shares of the company’s stock worth $434,911,000 after buying an additional 774,664 shares during the period. Finally, Raymond James Financial Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 14.9% during the 1st quarter. Raymond James Financial Inc. now owns 6,435,593 shares of the company’s stock worth $367,730,000 after buying an additional 833,285 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.3%

NYSEARCA JEPI opened at $57.03 on Friday. The company has a fifty day simple moving average of $56.76 and a 200 day simple moving average of $56.14. The company has a market cap of $41.28 billion, a P/E ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $60.88.

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.