Naviter Wealth LLC Sells 6,364 Shares of JPMorgan Equity Premium Income ETF $JEPI

Naviter Wealth LLC lowered its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 64.0% in the second quarter, Holdings Channel reports. The firm owned 3,582 shares of the company’s stock after selling 6,364 shares during the quarter. Naviter Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $204,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Mattern Wealth Management LLC grew its position in JPMorgan Equity Premium Income ETF by 1.8% in the second quarter. Mattern Wealth Management LLC now owns 10,082 shares of the company’s stock valued at $573,000 after purchasing an additional 178 shares in the last quarter. Highline Wealth Partners LLC grew its position in JPMorgan Equity Premium Income ETF by 13.5% in the second quarter. Highline Wealth Partners LLC now owns 1,518 shares of the company’s stock valued at $86,000 after purchasing an additional 180 shares in the last quarter. Solutions 4 Wealth Ltd grew its position in JPMorgan Equity Premium Income ETF by 1.2% in the first quarter. Solutions 4 Wealth Ltd now owns 15,441 shares of the company’s stock valued at $882,000 after purchasing an additional 183 shares in the last quarter. SimpliFi Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 2.6% in the 2nd quarter. SimpliFi Inc. now owns 7,345 shares of the company’s stock valued at $418,000 after acquiring an additional 186 shares during the period. Finally, Summit Wealth & Retirement Planning Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 4.0% in the 1st quarter. Summit Wealth & Retirement Planning Inc. now owns 4,900 shares of the company’s stock valued at $280,000 after acquiring an additional 190 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $56.88 on Wednesday. The firm has a 50-day moving average of $56.79 and a 200-day moving average of $56.10. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88. The company has a market cap of $41.16 billion, a PE ratio of 23.93 and a beta of 0.62.

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.