HBW Advisory Services LLC Sells 300,208 Shares of JPMorgan Equity Premium Income ETF $JEPI

HBW Advisory Services LLC cut its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 72.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 114,351 shares of the company’s stock after selling 300,208 shares during the quarter. HBW Advisory Services LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,429,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. B.A. Schrock Wealth Management Inc. acquired a new position in JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $6,926,000. Ashurst Perkins Coie Trust Co increased its stake in JPMorgan Equity Premium Income ETF by 1.7% in the third quarter. Ashurst Perkins Coie Trust Co now owns 190,470 shares of the company’s stock valued at $10,708,000 after purchasing an additional 3,103 shares in the last quarter. Weil Company Inc. bought a new stake in JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $263,000. Columbus Macro LLC raised its holdings in JPMorgan Equity Premium Income ETF by 7.0% in the third quarter. Columbus Macro LLC now owns 335,079 shares of the company’s stock worth $18,838,000 after purchasing an additional 21,910 shares during the period. Finally, Fortress Financial Solutions LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the third quarter worth $3,488,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $56.87 on Thursday. The firm’s fifty day moving average is $57.05 and its two-hundred day moving average is $56.73. The firm has a market cap of $45.68 billion, a PE ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve 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.