Venturi Wealth Management LLC Reduces Holdings in JPMorgan Equity Premium Income ETF $JEPI

Venturi Wealth Management LLC trimmed its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 75.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,743 shares of the company’s stock after selling 17,887 shares during the quarter. Venturi Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $327,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the company. 1 North Wealth Services LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 2.0% during the second quarter. 1 North Wealth Services LLC now owns 263,547 shares of the company’s stock worth $14,983,000 after purchasing an additional 5,228 shares in the last quarter. Penney Financial LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 1.4% during the second quarter. Penney Financial LLC now owns 86,324 shares of the company’s stock worth $4,908,000 after purchasing an additional 1,177 shares in the last quarter. Laraway Financial Advisors Inc increased its position in shares of JPMorgan Equity Premium Income ETF by 3.3% during the second quarter. Laraway Financial Advisors Inc now owns 8,185 shares of the company’s stock worth $465,000 after purchasing an additional 260 shares in the last quarter. Tyche Wealth Partners LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 124.2% during the second quarter. Tyche Wealth Partners LLC now owns 36,142 shares of the company’s stock worth $2,055,000 after purchasing an additional 20,021 shares in the last quarter. Finally, Foresight Capital Management Advisors Inc. purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth approximately $2,577,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $56.00 on Friday. The stock has a 50 day moving average price of $56.77 and a 200 day moving average price of $56.12. The stock has a market capitalization of $40.53 billion, a price-to-earnings ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88.

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.