Silver Oak Securities Incorporated Cuts Stake in JPMorgan Equity Premium Income ETF $JEPI

Silver Oak Securities Incorporated lowered its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 23.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 38,880 shares of the company’s stock after selling 12,072 shares during the period. Silver Oak Securities Incorporated’s holdings in JPMorgan Equity Premium Income ETF were worth $2,204,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Walled Lake Planning & Wealth Management LLC lifted its stake in JPMorgan Equity Premium Income ETF by 2.7% in the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 6,449 shares of the company’s stock worth $369,000 after purchasing an additional 171 shares during the last quarter. Wealth Effects LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 0.6% during the fourth quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock valued at $1,809,000 after buying an additional 173 shares during the last quarter. WESPAC Advisors SoCal LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 4.3% during the fourth quarter. WESPAC Advisors SoCal LLC now owns 4,178 shares of the company’s stock valued at $239,000 after buying an additional 174 shares during the last quarter. Aspen Wealth Strategies LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 4.5% in the fourth quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock worth $231,000 after buying an additional 174 shares during the period. Finally, Morey & Quinn Wealth Partners LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 4.9% in the fourth quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock worth $213,000 after buying an additional 175 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.4%

NYSEARCA JEPI opened at $56.06 on Thursday. The firm has a market cap of $44.42 billion, a PE ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 1-year low of $55.10 and a 1-year high of $59.90. The stock has a 50-day moving average of $56.37 and a 200-day moving average of $57.40.

JPMorgan Equity Premium Income ETF Company 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.