JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Sold by Stratos Wealth Advisors LLC

Stratos Wealth Advisors LLC cut its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 2.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 103,441 shares of the company’s stock after selling 2,276 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,951,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of JEPI. Citigroup Inc. grew its stake in JPMorgan Equity Premium Income ETF by 51.8% during the 3rd quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock worth $8,797,000 after purchasing an additional 50,459 shares in the last quarter. Accurate Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $215,000. Whittier Trust Co. acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth about $108,000. Creative Planning boosted its position in shares of JPMorgan Equity Premium Income ETF by 44.6% during the 3rd quarter. Creative Planning now owns 139,002 shares of the company’s stock worth $8,272,000 after acquiring an additional 42,854 shares in the last quarter. Finally, Cornerstone Wealth Group LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 1.7% during the 3rd quarter. Cornerstone Wealth Group LLC now owns 75,109 shares of the company’s stock worth $4,470,000 after acquiring an additional 1,235 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock opened at $58.62 on Wednesday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $54.77 and a fifty-two week high of $60.88. The company has a market capitalization of $34.40 billion, a P/E ratio of 24.40 and a beta of 0.53. The stock has a 50-day simple moving average of $58.78 and a 200-day simple moving average of $58.63.

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.