Corient Private Wealth LLC Sells 77,306 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Corient Private Wealth LLC lessened its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 37.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 130,298 shares of the company’s stock after selling 77,306 shares during the quarter. Corient Private Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $7,496,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of JEPI. Consolidated Planning Corp lifted its stake in JPMorgan Equity Premium Income ETF by 0.5% in the 4th quarter. Consolidated Planning Corp now owns 33,567 shares of the company’s stock worth $1,931,000 after purchasing an additional 179 shares in the last quarter. Landmark Wealth Management LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 5.1% in the fourth quarter. Landmark Wealth Management LLC now owns 3,833 shares of the company’s stock worth $221,000 after purchasing an additional 185 shares during the period. Fortis Advisors LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 2.0% in the fourth quarter. Fortis Advisors LLC now owns 10,054 shares of the company’s stock worth $578,000 after buying an additional 196 shares in the last quarter. Beam Wealth Advisors Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 0.4% during the fourth quarter. Beam Wealth Advisors Inc. now owns 51,249 shares of the company’s stock valued at $2,948,000 after buying an additional 196 shares during the period. Finally, Lakeridge Wealth Management LLC grew its position in JPMorgan Equity Premium Income ETF by 2.7% during the fourth quarter. Lakeridge Wealth Management LLC now owns 7,850 shares of the company’s stock worth $452,000 after buying an additional 206 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.2 %

JEPI stock opened at $57.27 on Friday. The company’s 50 day moving average is $58.46 and its 200 day moving average is $58.89. The stock has a market cap of $39.15 billion, a price-to-earnings ratio of 24.79 and a beta of 0.61. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88.

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.