Souders Financial Advisors Trims Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Souders Financial Advisors decreased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 19.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,895 shares of the company’s stock after selling 3,072 shares during the period. Souders Financial Advisors’ holdings in JPMorgan Equity Premium Income ETF were worth $742,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Snider Financial Group raised its position in shares of JPMorgan Equity Premium Income ETF by 0.3% during the 4th quarter. Snider Financial Group now owns 67,213 shares of the company’s stock valued at $3,867,000 after purchasing an additional 233 shares during the period. Triad Wealth Partners LLC bought a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter valued at about $511,000. Keybank National Association OH lifted its position in shares of JPMorgan Equity Premium Income ETF by 6.5% in the fourth quarter. Keybank National Association OH now owns 3,717 shares of the company’s stock valued at $214,000 after acquiring an additional 227 shares in the last quarter. Mainstream Capital Management LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 6.2% in the fourth quarter. Mainstream Capital Management LLC now owns 39,886 shares of the company’s stock valued at $2,295,000 after acquiring an additional 2,336 shares in the last quarter. Finally, Ring Mountain Capital LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth about $1,771,000.

JPMorgan Equity Premium Income ETF Trading Down 1.2 %

Shares of JEPI opened at $57.97 on Wednesday. The business’s 50 day moving average is $58.63 and its 200 day moving average is $58.98. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month high of $60.88. The company has a market capitalization of $38.75 billion, a PE ratio of 25.75 and a beta of 0.61.

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.