CPA Asset Management Group LLC Reduces Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

CPA Asset Management Group LLC cut its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 76.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,092 shares of the company’s stock after selling 16,353 shares during the quarter. CPA Asset Management Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $289,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Crewe Advisors LLC raised its holdings 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 buying an additional 9,514 shares during the period. Capital Investment Advisory Services LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 32.7% during the 4th quarter. Capital Investment Advisory Services LLC now owns 225,716 shares of the company’s stock valued at $12,920,000 after acquiring an additional 55,610 shares during the period. Cyndeo Wealth Partners LLC grew its position in JPMorgan Equity Premium Income ETF by 90.4% in the 4th 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 last quarter. Apella Capital LLC increased its stake in 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 worth $19,913,000 after purchasing an additional 9,499 shares during the period. Finally, Leo Wealth LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter worth $757,000.

JPMorgan Equity Premium Income ETF Trading Up 0.6%

Shares of JEPI opened at $56.98 on Friday. The firm has a fifty day moving average price of $56.15 and a 200-day moving average price of $57.28. The firm has a market capitalization of $45.36 billion, a P/E 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.