Armor Investment Advisors LLC Trims Position in JPMorgan Equity Premium Income ETF $JEPI

Armor Investment Advisors LLC trimmed its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.1% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 182,132 shares of the company’s stock after selling 5,814 shares during the period. JPMorgan Equity Premium Income ETF accounts for about 3.9% of Armor Investment Advisors LLC’s investment portfolio, making the stock its 7th biggest holding. Armor Investment Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,354,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of JEPI. Mattern Wealth Management LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 1.8% in the 2nd quarter. Mattern Wealth Management LLC now owns 10,082 shares of the company’s stock worth $573,000 after acquiring an additional 178 shares in the last quarter. Highline Wealth Partners LLC lifted its stake in JPMorgan Equity Premium Income ETF by 13.5% during the second quarter. Highline Wealth Partners LLC now owns 1,518 shares of the company’s stock worth $86,000 after purchasing an additional 180 shares during the last quarter. Solutions 4 Wealth Ltd boosted its holdings in JPMorgan Equity Premium Income ETF by 1.2% in the first quarter. Solutions 4 Wealth Ltd now owns 15,441 shares of the company’s stock worth $882,000 after purchasing an additional 183 shares during the period. First Horizon Advisors Inc. increased its stake in JPMorgan Equity Premium Income ETF by 9.0% during the second quarter. First Horizon Advisors Inc. now owns 2,221 shares of the company’s stock valued at $126,000 after purchasing an additional 183 shares during the last quarter. Finally, SimpliFi Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 2.6% during the second quarter. SimpliFi Inc. now owns 7,345 shares of the company’s stock worth $418,000 after purchasing an additional 186 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock opened at $56.84 on Tuesday. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $60.88. The firm’s 50-day moving average is $56.82 and its 200-day moving average is $56.60. The company has a market cap of $40.68 billion, a P/E ratio of 23.93 and a beta of 0.60.

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.