Resonant Capital Advisors LLC Has $2.96 Million Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Resonant Capital Advisors LLC decreased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 71.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. 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 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Walled Lake Planning & Wealth Management LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.7% during the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 6,449 shares of the company’s stock valued at $369,000 after buying an additional 171 shares during the last quarter. Wealth Effects LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 0.6% in the 4th quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock valued at $1,809,000 after buying an additional 173 shares in the last quarter. WESPAC Advisors SoCal LLC increased its holdings in JPMorgan Equity Premium Income ETF by 4.3% in the fourth quarter. WESPAC Advisors SoCal LLC now owns 4,178 shares of the company’s stock worth $239,000 after buying an additional 174 shares during the last quarter. Aspen Wealth Strategies LLC raised its position in JPMorgan Equity Premium Income ETF by 4.5% during the fourth quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock valued at $231,000 after acquiring an additional 174 shares in the last quarter. Finally, Morey & Quinn Wealth Partners LLC raised its position in JPMorgan Equity Premium Income ETF by 4.9% during the fourth quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock valued at $213,000 after acquiring an additional 175 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.1%

NYSEARCA JEPI traded up $0.06 during trading on Tuesday, reaching $56.81. The company’s stock had a trading volume of 1,948,653 shares, compared to its average volume of 5,533,587. The stock 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 1-year low of $55.10 and a 1-year high of $59.90. The business has a 50-day moving average price of $56.18 and a 200-day moving average price of $57.34.

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.