AE Wealth Management LLC Sells 17,494 Shares of JPMorgan Equity Premium Income ETF $JEPI

AE Wealth Management LLC reduced its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 165,383 shares of the company’s stock after selling 17,494 shares during the quarter. AE Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $9,402,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Brighton Jones LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at about $402,000. Bank of New York Mellon Corp grew its stake in shares of JPMorgan Equity Premium Income ETF by 4.8% in the 1st quarter. Bank of New York Mellon Corp now owns 586,093 shares of the company’s stock valued at $33,489,000 after buying an additional 26,611 shares during the period. Crossmark Global Holdings Inc. increased its position in JPMorgan Equity Premium Income ETF by 46.2% in the 1st quarter. Crossmark Global Holdings Inc. now owns 11,878 shares of the company’s stock valued at $679,000 after buying an additional 3,755 shares in the last quarter. Brown Advisory Inc. raised its stake in JPMorgan Equity Premium Income ETF by 2.2% during the 1st quarter. Brown Advisory Inc. now owns 30,345 shares of the company’s stock worth $1,734,000 after buying an additional 656 shares during the period. Finally, M&T Bank Corp bought a new position in JPMorgan Equity Premium Income ETF in the first quarter worth approximately $248,000.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $56.45 on Monday. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88. The company has a market cap of $40.41 billion, a PE ratio of 23.93 and a beta of 0.60. The firm has a 50-day moving average of $56.87 and a 200-day moving average of $56.50.

About JPMorgan Equity Premium Income ETF

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.