JPMorgan Equity Premium Income ETF $JEPI Stock: Foguth Wealth Management LLC. Lowers Position

Foguth Wealth Management LLC. lowered its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 36.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 632,098 shares of the company’s stock after selling 366,643 shares during the period. JPMorgan Equity Premium Income ETF comprises about 3.6% of Foguth Wealth Management LLC.’s portfolio, making the stock its 6th largest position. Foguth Wealth Management LLC. owned about 0.08% of JPMorgan Equity Premium Income ETF worth $36,055,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Legacy Private Trust Co. purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $2,602,000. Private Client Services LLC bought a new stake in JPMorgan Equity Premium Income ETF during the third quarter worth $3,694,000. Community Financial Services Group LLC bought a new stake in JPMorgan Equity Premium Income ETF during the third quarter worth $6,319,000. Studio Investment Management LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 194.0% during the second quarter. Studio Investment Management LLC now owns 54,050 shares of the company’s stock worth $3,053,000 after acquiring an additional 35,668 shares during the period. Finally, Nottingham Advisors Inc. lifted its holdings in JPMorgan Equity Premium Income ETF by 21.6% during the first quarter. Nottingham Advisors Inc. now owns 816,880 shares of the company’s stock worth $46,301,000 after acquiring an additional 144,966 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 0.1%

JEPI stock traded up $0.06 during midday trading on Monday, hitting $57.09. The company’s stock had a trading volume of 2,215,975 shares, compared to its average volume of 5,121,652. The stock’s 50-day moving average price is $57.03 and its 200 day moving average price is $56.75. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90. The stock has a market cap of $45.81 billion, a price-to-earnings ratio of 23.93 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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.