Prevail Innovative Wealth Advisors LLC Has $4.36 Million Stake in JPMorgan Equity Premium Income ETF $JEPI

Prevail Innovative Wealth Advisors LLC reduced its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 36.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 76,142 shares of the company’s stock after selling 44,439 shares during the quarter. Prevail Innovative Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,358,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in JEPI. FNY Investment Advisers LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at $28,000. EQ Wealth Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth $29,000. BTG Pactual Asset Management US LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at $31,000. Logan Capital Management Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at $33,000. Finally, VSM Wealth Advisory LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 84.1% in the third 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 last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $56.18 on Thursday. JPMorgan Equity Premium Income ETF has a one year low of $55.15 and a one year high of $59.90. The company has a market cap of $44.51 billion, a P/E ratio of 23.93 and a beta of 0.56. The firm’s fifty day moving average price is $56.86 and its two-hundred day moving average price is $57.56.

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.