JPMorgan Equity Premium Income ETF $JEPI Stock: Aprio Wealth Management LLC Lowers Stake

Aprio Wealth Management LLC lowered its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 26.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 102,843 shares of the company’s stock after selling 37,053 shares during the quarter. Aprio Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,782,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. Legacy Private Trust Co. bought a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $2,602,000. Private Client Services LLC bought a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter worth about $3,694,000. Studio Investment Management LLC grew its stake in JPMorgan Equity Premium Income ETF by 194.0% in the 2nd quarter. Studio Investment Management LLC now owns 54,050 shares of the company’s stock worth $3,053,000 after acquiring an additional 35,668 shares in the last quarter. Community Financial Services Group LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $6,319,000. Finally, Tucker Asset Management LLC increased its holdings in JPMorgan Equity Premium Income ETF by 42.1% during the 2nd quarter. Tucker Asset Management LLC now owns 34,008 shares of the company’s stock worth $1,921,000 after purchasing an additional 10,075 shares during the period.

JPMorgan Equity Premium Income ETF Trading Down 0.6%

Shares of JEPI stock opened at $57.56 on Friday. The stock has a fifty day simple moving average of $56.94 and a two-hundred day simple moving average of $57.18. The stock has a market capitalization of $46.19 billion, a price-to-earnings 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.

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.