Thrivent Financial for Lutherans Decreases Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Thrivent Financial for Lutherans reduced its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 70.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 41,112 shares of the company’s stock after selling 97,321 shares during the quarter. Thrivent Financial for Lutherans’ holdings in JPMorgan Equity Premium Income ETF were worth $2,338,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Mattern Wealth Management LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 1.8% during the 2nd quarter. Mattern Wealth Management LLC now owns 10,082 shares of the company’s stock worth $573,000 after purchasing an additional 178 shares during the period. Highline Wealth Partners LLC raised its position in JPMorgan Equity Premium Income ETF by 13.5% in the second quarter. Highline Wealth Partners LLC now owns 1,518 shares of the company’s stock worth $86,000 after acquiring an additional 180 shares during the period. First Horizon Advisors Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 9.0% in the second quarter. First Horizon Advisors Inc. now owns 2,221 shares of the company’s stock valued at $126,000 after acquiring an additional 183 shares during the last quarter. SimpliFi Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 2.6% in the second quarter. SimpliFi Inc. now owns 7,345 shares of the company’s stock valued at $418,000 after acquiring an additional 186 shares during the last quarter. Finally, Blue Chip Partners LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 1.2% during the 2nd quarter. Blue Chip Partners LLC now owns 16,355 shares of the company’s stock valued at $930,000 after acquiring an additional 192 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.1%

NYSEARCA:JEPI opened at $57.82 on Wednesday. The stock has a market capitalization of $41.39 billion, a PE ratio of 23.93 and a beta of 0.60. The firm’s 50 day moving average is $57.10 and its 200 day moving average is $56.84. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $59.73.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.