Wealthcare Capital Management LLC Sells 11,723 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Wealthcare Capital Management LLC reduced its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 61.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,427 shares of the company’s stock after selling 11,723 shares during the period. Wealthcare Capital Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $427,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Salomon & Ludwin LLC bought a new position in JPMorgan Equity Premium Income ETF during the third quarter worth about $25,000. Running Point Capital Advisors LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 131.2% in the 3rd quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock worth $38,000 after buying an additional 362 shares in the last quarter. Brown Lisle Cummings Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 48.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after buying an additional 255 shares during the period. Pathway Financial Advisers LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter valued at $49,000. Finally, Abound Wealth Management boosted its stake in JPMorgan Equity Premium Income ETF by 1,320.8% in the 4th quarter. Abound Wealth Management now owns 1,094 shares of the company’s stock valued at $63,000 after buying an additional 1,017 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $58.25 on Friday. The firm has a market capitalization of $34.18 billion, a P/E ratio of 24.40 and a beta of 0.53. The stock has a fifty day moving average price of $59.05 and a two-hundred day moving average price of $58.39. JPMorgan Equity Premium Income ETF has a 52-week low of $54.72 and a 52-week 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.