Resonant Capital Advisors LLC Sells 131,289 Shares of JPMorgan Equity Premium Income ETF $JEPI

Resonant Capital Advisors LLC decreased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 71.5% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 52,313 shares of the company’s stock after selling 131,289 shares during the period. Resonant Capital Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,965,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in JEPI. Crewe Advisors LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 32.9% in the fourth quarter. Crewe Advisors LLC now owns 38,406 shares of the company’s stock worth $2,198,000 after purchasing an additional 9,514 shares during the period. Capital Investment Advisory Services LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 32.7% during the fourth quarter. Capital Investment Advisory Services LLC now owns 225,716 shares of the company’s stock worth $12,920,000 after buying an additional 55,610 shares during the last quarter. Apella Capital LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 2.8% in the fourth quarter. Apella Capital LLC now owns 347,881 shares of the company’s stock valued at $19,913,000 after acquiring an additional 9,499 shares during the period. Cyndeo Wealth Partners LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 90.4% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 26,937 shares of the company’s stock valued at $1,542,000 after acquiring an additional 12,790 shares during the period. Finally, Leo Wealth LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth $757,000.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock traded up $0.06 on Tuesday, reaching $56.81. 1,948,653 shares of the company were exchanged, compared to its average volume of 5,533,587. The stock’s fifty day moving average price is $56.18 and its 200 day moving average price is $57.34. The firm has a market capitalization of $45.04 billion, a PE ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 12 month low of $55.10 and a 12 month high of $59.90.

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.