Boyum Wealth Architects LLC Lowers Stake in JPMorgan Equity Premium Income ETF $JEPI

Boyum Wealth Architects LLC decreased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 104,593 shares of the company’s stock after selling 11,671 shares during the quarter. JPMorgan Equity Premium Income ETF makes up 2.9% of Boyum Wealth Architects LLC’s portfolio, making the stock its 10th biggest holding. Boyum Wealth Architects LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,106,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. FNY Investment Advisers LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth about $28,000. BTG Pactual Asset Management US LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter worth about $31,000. Logan Capital Management Inc. bought a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter worth about $33,000. VSM Wealth Advisory LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 84.1% during the third quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock worth $34,000 after purchasing an additional 269 shares in the last quarter. Finally, Addison Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the third quarter worth about $37,000.

JPMorgan Equity Premium Income ETF Trading Up 0.3%

NYSEARCA:JEPI opened at $57.79 on Friday. JPMorgan Equity Premium Income ETF has a 12-month low of $52.16 and a 12-month high of $59.90. The stock has a 50-day moving average price of $57.92 and a 200 day moving average price of $57.60. The stock has a market capitalization of $45.15 billion, a P/E ratio of 23.93 and a beta of 0.58.

JPMorgan Equity Premium Income ETF Company 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.