SteelPeak Wealth LLC Trims Position in JPMorgan Equity Premium Income ETF $JEPI

SteelPeak Wealth LLC decreased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 30.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 33,018 shares of the company’s stock after selling 14,359 shares during the quarter. SteelPeak Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,904,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Three Magnolias Financial Advisors LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 0.4% in the fourth quarter. Three Magnolias Financial Advisors LLC now owns 81,433 shares of the company’s stock worth $4,661,000 after buying an additional 293 shares during the last quarter. Midwest Financial Group LLC raised its position in JPMorgan Equity Premium Income ETF by 10.6% in the fourth quarter. Midwest Financial Group LLC now owns 4,926 shares of the company’s stock worth $282,000 after acquiring an additional 474 shares during the period. Kavar Capital Partners Group LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth $205,000. MRA Advisory Group boosted its stake in shares of JPMorgan Equity Premium Income ETF by 14.0% during the 4th quarter. MRA Advisory Group now owns 15,906 shares of the company’s stock worth $910,000 after acquiring an additional 1,954 shares during the last quarter. Finally, Bouchey Financial Group Ltd grew its position in shares of JPMorgan Equity Premium Income ETF by 9.1% during the 4th quarter. Bouchey Financial Group Ltd now owns 517,009 shares of the company’s stock valued at $29,663,000 after acquiring an additional 42,993 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $56.45 on Friday. The firm has a market capitalization of $43.76 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $59.90. The business has a fifty day moving average price of $58.13 and a 200-day moving average price of $57.57.

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