Robertson Stephens Wealth Management LLC Sells 25,595 Shares of JPMorgan Equity Premium Income ETF $JEPI

Robertson Stephens Wealth Management LLC decreased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 41.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,462 shares of the company’s stock after selling 25,595 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,045,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JEPI. FNY Investment Advisers LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at about $28,000. EQ Wealth Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at about $29,000. BTG Pactual Asset Management US LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter valued at about $31,000. Logan Capital Management Inc. purchased a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at about $33,000. Finally, VSM Wealth Advisory LLC increased its position in JPMorgan Equity Premium Income ETF by 84.1% during the 3rd quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock valued at $34,000 after purchasing an additional 269 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $56.82 on Friday. The company has a market capitalization of $45.02 billion, a price-to-earnings ratio of 23.93 and a beta of 0.56. The company’s 50-day simple moving average is $57.58 and its two-hundred day simple moving average is $57.65. JPMorgan Equity Premium Income ETF has a one year low of $55.15 and a one year high of $59.90.

JPMorgan Equity Premium Income ETF 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.