Prentice Wealth Management LLC Lowers Stock Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Prentice Wealth Management LLC lessened its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,404 shares of the company’s stock after selling 732 shares during the period. Prentice Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $541,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Bell Bank grew its position in JPMorgan Equity Premium Income ETF by 828.9% in the fourth quarter. Bell Bank now owns 46,837 shares of the company’s stock worth $2,695,000 after acquiring an additional 41,795 shares in the last quarter. Indie Asset Partners LLC lifted its stake in JPMorgan Equity Premium Income ETF by 1.9% during the fourth quarter. Indie Asset Partners LLC now owns 14,128 shares of the company’s stock worth $813,000 after purchasing an additional 270 shares during the last quarter. Capital Advisory Group Advisory Services LLC lifted its stake in JPMorgan Equity Premium Income ETF by 0.7% during the fourth quarter. Capital Advisory Group Advisory Services LLC now owns 33,665 shares of the company’s stock worth $1,937,000 after purchasing an additional 245 shares during the last quarter. Lane & Associates LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 49.1% in the 4th quarter. Lane & Associates LLC now owns 6,156 shares of the company’s stock worth $363,000 after purchasing an additional 2,027 shares in the last quarter. Finally, Transcend Capital Advisors LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 26.1% during the 4th quarter. Transcend Capital Advisors LLC now owns 35,803 shares of the company’s stock valued at $2,060,000 after purchasing an additional 7,420 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $59.13 on Friday. The company has a market capitalization of $34.70 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The business has a 50 day moving average of $58.57 and a 200 day moving average of $58.83. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88.

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.