JPMorgan Equity Premium Income ETF $JEPI Shares Sold by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. reduced its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 16.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 147,547 shares of the company’s stock after selling 29,647 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $8,446,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in JEPI. Tcfg Wealth Management LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 3,843.5% in the 3rd quarter. Tcfg Wealth Management LLC now owns 831,833 shares of the company’s stock valued at $47,498,000 after purchasing an additional 810,739 shares during the period. RiverFront Investment Group LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 24.0% in the 4th quarter. RiverFront Investment Group LLC now owns 3,804,642 shares of the company’s stock valued at $217,778,000 after purchasing an additional 737,043 shares during the period. Bank of America Corp DE lifted its stake in shares of JPMorgan Equity Premium Income ETF by 2.1% in the 2nd quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock valued at $1,897,209,000 after purchasing an additional 690,960 shares during the period. Raymond James Financial Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 9.9% in the 2nd quarter. Raymond James Financial Inc. now owns 7,072,179 shares of the company’s stock worth $402,053,000 after acquiring an additional 636,586 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its holdings in JPMorgan Equity Premium Income ETF by 40.2% in the 3rd quarter. Jones Financial Companies Lllp now owns 2,027,327 shares of the company’s stock worth $115,436,000 after acquiring an additional 581,218 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA JEPI opened at $56.18 on Thursday. The firm has a market cap of $44.51 billion, a PE ratio of 23.93 and a beta of 0.56. The firm has a fifty day moving average of $56.86 and a 200 day moving average of $57.56. JPMorgan Equity Premium Income ETF has a one year low of $55.15 and a one year 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.