JPMorgan Equity Premium Income ETF $JEPI Shares Sold by Essex Financial Services Inc.

Essex Financial Services Inc. trimmed its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 24.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 76,307 shares of the company’s stock after selling 24,798 shares during the quarter. Essex Financial Services Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $4,368,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Crewe Advisors LLC grew its holdings 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 buying an additional 9,514 shares in the last quarter. Cascade Wealth Advisors Inc raised its holdings in JPMorgan Equity Premium Income ETF by 5.9% in the 3rd quarter. Cascade Wealth Advisors Inc now owns 268,627 shares of the company’s stock valued at $15,237,000 after acquiring an additional 14,899 shares during the last quarter. Clearstead Trust LLC raised its holdings in JPMorgan Equity Premium Income ETF by 307.8% in the 3rd quarter. Clearstead Trust LLC now owns 79,494 shares of the company’s stock valued at $4,539,000 after acquiring an additional 59,999 shares during the last quarter. Cyndeo Wealth Partners LLC lifted its stake in JPMorgan Equity Premium Income ETF by 90.4% in the 4th 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. Finally, Capital Investment Advisory Services LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 32.7% during the 4th 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 during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $56.04 on Friday. JPMorgan Equity Premium Income ETF has a 1 year low of $55.15 and a 1 year high of $59.90. The firm has a market capitalization of $44.40 billion, a PE ratio of 23.93 and a beta of 0.56. The business has a 50 day simple moving average of $56.68 and a 200-day simple moving average of $57.54.

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.