Ritter Daniher Financial Advisory LLC DE Sells 7,652 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Ritter Daniher Financial Advisory LLC DE reduced its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 144,397 shares of the company’s stock after selling 7,652 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 2.5% of Ritter Daniher Financial Advisory LLC DE’s portfolio, making the stock its 10th largest holding. Ritter Daniher Financial Advisory LLC DE’s holdings in JPMorgan Equity Premium Income ETF were worth $8,593,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Salomon & Ludwin LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter worth $25,000. HHM Wealth Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter worth about $28,000. Beaird Harris Wealth Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at about $38,000. Centerpoint Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at about $43,000. Finally, Brown Lisle Cummings Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF by 48.0% in the third quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock valued at $47,000 after buying an additional 255 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $59.27 on Friday. The firm has a market cap of $34.78 billion, a P/E ratio of 24.40 and a beta of 0.53. The stock’s 50 day moving average is $59.23 and its 200 day moving average is $57.70. JPMorgan Equity Premium Income ETF has a one year low of $54.17 and a one year high of $60.20.

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.