Atomi Financial Group Inc. Lowers Stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Atomi Financial Group Inc. lowered its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 20.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,832 shares of the company’s stock after selling 6,046 shares during the quarter. Atomi Financial Group Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,418,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in JEPI. Park Place Capital Corp bought a new stake in shares of JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $392,000. Legacy Private Trust Co. increased its position in JPMorgan Equity Premium Income ETF by 7.4% in the third quarter. Legacy Private Trust Co. now owns 142,172 shares of the company’s stock worth $8,461,000 after purchasing an additional 9,760 shares during the last quarter. Marion Wealth Management increased its position in JPMorgan Equity Premium Income ETF by 11.8% in the third quarter. Marion Wealth Management now owns 18,321 shares of the company’s stock worth $1,090,000 after purchasing an additional 1,930 shares during the last quarter. Advance Capital Management Inc. increased its position in JPMorgan Equity Premium Income ETF by 5.1% in the third quarter. Advance Capital Management Inc. now owns 335,653 shares of the company’s stock worth $19,975,000 after purchasing an additional 16,329 shares during the last quarter. Finally, Williams & Novak LLC increased its position in JPMorgan Equity Premium Income ETF by 50.2% in the third quarter. Williams & Novak LLC now owns 9,294 shares of the company’s stock worth $553,000 after purchasing an additional 3,105 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $58.99 on Wednesday. The company’s fifty day moving average is $58.09 and its 200 day moving average is $57.15. JPMorgan Equity Premium Income ETF has a fifty-two week low of $51.38 and a fifty-two week high of $59.58. The stock has a market capitalization of $34.61 billion, a PE ratio of 24.40 and a beta of 0.53.

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.