JPMorgan Equity Premium Income ETF $JEPI Shares Sold by Wells Fargo & Company MN

Wells Fargo & Company MN decreased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,812,996 shares of the company’s stock after selling 164,890 shares during the period. Wells Fargo & Company MN owned about 2.28% of JPMorgan Equity Premium Income ETF worth $962,376,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of JEPI. Crewe Advisors LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 32.9% during the fourth quarter. Crewe Advisors LLC now owns 38,406 shares of the company’s stock worth $2,198,000 after purchasing an additional 9,514 shares in the last quarter. Cascade Wealth Advisors Inc grew its stake in shares of JPMorgan Equity Premium Income ETF by 5.9% during the third quarter. Cascade Wealth Advisors Inc now owns 268,627 shares of the company’s stock worth $15,237,000 after purchasing an additional 14,899 shares in the last quarter. Clearstead Trust LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 307.8% during the third quarter. Clearstead Trust LLC now owns 79,494 shares of the company’s stock worth $4,539,000 after purchasing an additional 59,999 shares in the last quarter. Capital Investment Advisory Services LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 32.7% during the fourth quarter. Capital Investment Advisory Services LLC now owns 225,716 shares of the company’s stock worth $12,920,000 after purchasing an additional 55,610 shares in the last quarter. Finally, Cyndeo Wealth Partners LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 90.4% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 26,937 shares of the company’s stock worth $1,542,000 after purchasing an additional 12,790 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.4%

Shares of JEPI stock opened at $56.04 on Friday. The firm has a fifty day moving average price of $56.53 and a 200 day moving average price of $57.47. The company has a market cap of $44.40 billion, a P/E ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 12 month low of $55.10 and a 12 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.