JPMorgan Equity Premium Income ETF $JEPI Shares Sold by CFO4Life Group LLC

CFO4Life Group LLC reduced its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 18.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 159,564 shares of the company’s stock after selling 36,612 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 1.4% of CFO4Life Group LLC’s portfolio, making the stock its 18th biggest position. CFO4Life Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $9,071,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently bought and sold shares of the stock. Kingstone Capital Partners Texas LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 387,324.3% in 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 during the last quarter. JPMorgan Chase & Co. raised its position in JPMorgan Equity Premium Income ETF by 35.9% in the first quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock valued at $1,609,887,000 after purchasing an additional 7,443,750 shares during the period. Nationwide Fund Advisors acquired a new position in JPMorgan Equity Premium Income ETF during the second quarter worth $396,998,000. Envestnet Asset Management Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 17.4% during the second quarter. Envestnet Asset Management Inc. now owns 8,939,325 shares of the company’s stock worth $508,201,000 after buying an additional 1,327,996 shares during the period. Finally, Bank of New York Mellon Corp boosted its position in shares of JPMorgan Equity Premium Income ETF by 191.5% during the second quarter. Bank of New York Mellon Corp now owns 1,708,349 shares of the company’s stock worth $97,120,000 after buying an additional 1,122,256 shares during the period.

JPMorgan Equity Premium Income ETF Trading Down 0.2%

JEPI stock opened at $56.74 on Friday. The company has a market capitalization of $40.61 billion, a PE ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 12-month low of $49.94 and a 12-month high of $60.88. The business’s fifty day moving average price is $56.88 and its 200 day moving average price is $56.55.

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.